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Use the Following Balance Sheet for the First Bank

Question 29

Multiple Choice

Use the following balance sheet for the First Bank: Use the following balance sheet for the First Bank: If RBA announced a new reserve ratio of 10%, the First Bank would be in a position to make additional loans of: A) $10 000 B) $15 000 C) $0 D) $5000 If RBA announced a new reserve ratio of 10%, the First Bank would be in a position to make additional loans of:


A) $10 000
B) $15 000
C) $0
D) $5000

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