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Consider the Following T-Account for National City Bank: If

Question 121

Multiple Choice

Consider the following T-account for National City Bank: Consider the following T-account for National City Bank: If the required reserve ratio is lowered to 8 percent, how much can National City loan out? A) $10,000 B) $8,000 C) $2,000 D) $0 If the required reserve ratio is lowered to 8 percent, how much can National City loan out?


A) $10,000
B) $8,000
C) $2,000
D) $0

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