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-Refer to Table 13

Question 77

Multiple Choice

-Refer to Table 13.2.With a required reserve ratio of 10 percent,ABC Bank would have excess reserves of A) $20,000. B) $40,000. C) $60,000. D) $140,000.
-Refer to Table 13.2.With a required reserve ratio of 10 percent,ABC Bank would have excess reserves of


A) $20,000.
B) $40,000.
C) $60,000.
D) $140,000.

Correct Answer:

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