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Suppose a Transaction Changes the Balance Sheet of Wells Fargo

question 188

Multiple Choice

Suppose a transaction changes the balance sheet of Wells Fargo bank as indicated in the following T-account. Suppose a transaction changes the balance sheet of Wells Fargo bank as indicated in the following T-account.   At this point,what percentage of the new deposits does Wells Fargo hold in reserves? A) 100 percent B) 10 percent C) 5 percent D) 1 percent At this point,what percentage of the new deposits does Wells Fargo hold in reserves?


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