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Assuming That the Reserve Ratio Is 10%,what Amount of Excess

question 26

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Assuming that the reserve ratio is 10%,what amount of excess reserves are held by with the bank balance sheet listed below?
Assuming that the reserve ratio is 10%,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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