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-Refer to Table 13

question 57

Multiple Choice

  -Refer to Table 13.4. If the required reserve ratio is 5%, First Charter Bank: A)  is meeting its required reserve ratio and has no excess reserves. B)  has excess reserves of $100,000. C)  has too few reserves on hand. D)  has no excess reserves.
-Refer to Table 13.4. If the required reserve ratio is 5%, First Charter Bank:


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