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Table 10-2 -Refer to the Table 10-2.If the Reserve Requirement Is 30

question 23

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Table 10-2 Table 10-2   -Refer to the Table 10-2.If the reserve requirement is 30 percent,what is this bank's reserve position? A)  It has $29,000 of excess reserves. B)  It needs $10,000 more in reserves to meet its reserve requirement. C)  It needs $27,500 more in reserves to meet its reserve requirement. D)  It just meets its reserve requirement.
-Refer to the Table 10-2.If the reserve requirement is 30 percent,what is this bank's reserve position?


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