If Excess Reserves Are $25,000,demand Deposits Are $100,000,and the Minimum

question 139

Multiple Choice

If excess reserves are $25,000,demand deposits are $100,000,and the minimum reserve requirement is 20 percent,then total reserves are:

• A) $20,000
• B) $25,000
• C) $45,000
• D) $125,000

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