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Consider the Following T-Account for National City Bank

Question 61

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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