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Question
Assume First Central Bank has a desired reserve ratio of 15 percent; $80,000 in total deposits, loans equal to $60,000, and has $20,000 in actual reserves. First Central can make additional loans totalingA) $8,000.
B) $12,000.
C) $20,000.
D) $60,000.
E) $80,000.
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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B) not all goals are desirable.
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E) the population keeps growing.
Q:
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