If the bank you own has no excess reserves and a sound customer comes in asking for a loan,
should you automatically turn the customer down, explaining that you don’t have any excess
reserves to loan out? Why or why not? What options are available for you to provide the funds
your customer needs?
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No, because the bank president is not managing the bank well. If the bank you own has no excess reserves and a sound customer comes in asking for a loan, should you automatically turn the customer down, explaining that you don't have any excess reserves to loan out?
No you should not. Rather one should work for it's betterment.
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