Table 29-4.
The First Bank of Wahooton

-Refer to Table 29-4.If the First Bank of Wahooton is holding $4,000 in excess reserves,then the reserve requirement with which it must comply is
A) 4 percent.
B) 6 percent.
C) 12 percent.
D) 14 percent.
Correct Answer:
Verified
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A) maximum amount of reserves
The First Bank of Wahooton
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