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Exhibit 19-2 Balance Sheet of Springfield National Bank

Question 45

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Exhibit 19-2 Balance Sheet of Springfield National Bank
Exhibit 19-2 Balance Sheet of Springfield National Bank    -In Exhibit 19-2,if Springfield National has excess reserves equal to $300,and the required reserve ratio increases to 35 percent,it will: A)  be able to cover its increased reserve requirements from its excess reserves. B)  have to call in loans worth $350. C)  have to call in loans worth $250. D)  have to call in loans worth $200. E)  have to call in loans worth $150.
-In Exhibit 19-2,if Springfield National has excess reserves equal to $300,and the required reserve ratio increases to 35 percent,it will:


A) be able to cover its increased reserve requirements from its excess reserves.
B) have to call in loans worth $350.
C) have to call in loans worth $250.
D) have to call in loans worth $200.
E) have to call in loans worth $150.

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