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Question
A bank has deposits of $100,000, reserves of $20,000, and loans of $80,000. If the desired reserve ratio is 10 percent, then its excess reserves areA) 0.
B) $8,000.
C) $10,000.
D) $2,000.
E) $12,000.
Answer
This answer is hidden. It contains 1 characters.
Related questions
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Scarcity results from the fact that
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E) the population keeps growing.
Q:
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