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Question
A bank has $250 in checking deposits, $1,000 in savings deposits, $1,200 in time deposits, $1,000 in loans to businesses, $400 in outstanding credit card balances, $800 in government securities, $25 in currency in its vault, and $25 in deposits at the Fed. The bank's reserves are equal toA) $25.
B) $275.
C) $2,225
D) $50.
E) $350.
Answer
This answer is hidden. It contains 1 characters.
Related questions
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