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Exhibit 15-2 Balance Sheet of Springfield National Bank in Exhibit

Question 46

Multiple Choice

Exhibit 15-2 Balance Sheet of Springfield National Bank Exhibit 15-2 Balance Sheet of Springfield National Bank   In Exhibit 15-2, if Springfield National's customers write checks for $200 and the required reserve ratio is 20 percent, then its required reserves fall to: A) $0. B) $40. C) $160. D) $460. E) $260. In Exhibit 15-2, if Springfield National's customers write checks for $200 and the required reserve ratio is 20 percent, then its required reserves fall to:


A) $0.
B) $40.
C) $160.
D) $460.
E) $260.

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