If Excess Reserves Are $10,000,demand Deposits Are $100,000,and the Required

question 68

Multiple Choice

If excess reserves are $10,000,demand deposits are $100,000,and the required reserve ratio is 10 percent,then total reserves are

• A)$0.
• B)$20,000.
• C)$10,000.
• D)$110,000.

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