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The reserve requirement is10%. Suppose that Ginie transfers $10,000 from an account at First Bank to a checking account at…

Hello, Please explain.

The reserve requirement is​ 10%. Suppose that Ginie transfers ​$10,000 from an account at First Bank to a checking account at Second Bank.

Second​ Bank’s total reserves will increase by $______ Of​ that, Second Bank is required to hold ______

in​ reserves, and thus can loan out a maximum of ​$___________

Thank you!

 
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