The Table Given Below Shows the Assets and Liabilities of the National

question 22

Multiple Choice

The table given below shows the assets and liabilities of the National Bank.Assume that this is the only bank in the economy. Table 13.2
Refer to Table 13.2 and calculate the legal reserves of the bank.

• A)$425
• B)$5, 450
• C)$1, 725
• D)$2, 150
• E)$1, 500

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