Table 10-2 -Refer to the Table 10-2.If the Last Bank of Panorama

question 106

Multiple Choice

Table 10-2
-Refer to the Table 10-2.If the Last Bank of Panorama Springs is holding $4000 in excess reserves,what is the reserve requirement?

• A) 8 percent
• B) 9 percent
• C) 10 percent
• D) 12 percent

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