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Which of the Following Is the Relationship Among Excess Reserves,required

Question 115

Multiple Choice

Which of the following is the relationship among excess reserves,required reserves,and total reserves?


A) total reserves = required reserves - excess reserves
B) excess reserves = total reserves/required reserves
C) total reserves = excess reserves + required reserves
D) total reserves = excess reserves - required reserves
E) excess reserves = required reserves - total reserves

Correct Answer:

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