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Assuming That the Reserve Ratio Is 10 Percent, What Amount

question 48

Multiple Choice

Assuming that the reserve ratio is 10 percent, what amount of excess reserves are held by with the bank balance sheet listed below? ​ Assuming that the reserve ratio is 10 percent, what amount of excess reserves are held by with the bank balance sheet listed below? ​ A) zero B) $240,000 C) $280,000 D) $320,000

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