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Table 21-4. -Refer to Table 21-4.If the Bank Faces a Reserve Requirement

question 53

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Table 21-4.
Table 21-4. -Refer to Table 21-4.If the bank faces a reserve requirement of 20 percent,then it A) has $10,000 of excess reserves. B) needs $10,000 more reserves to meet its reserve requirements. C) needs $5,000 more reserves to meet its reserve requirements. D) just meets its reserve requirement.
-Refer to Table 21-4.If the bank faces a reserve requirement of 20 percent,then it

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