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If Total Deposits at Last Bank and Trust Are $100

question 33

Multiple Choice

If total deposits at Last Bank and Trust are $100 million, total loans are $70 million, and excess reserves are $20 million, then which of the following is the required reserve ratio?


Definitions:

Self

The individual's awareness of their own identity and personal attributes.

Certainty

The state of being absolutely confident or sure about something.

Material Self

The extension of the self into the body, clothes, and possessions.

Possessions

Objects owned by an individual, often holding personal value or significance.

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