Multiple Choice

A bank cannot create money unless its ________.
A) required reserves are greater than actual reserves
B) excess reserves are zero
C) desired reserves are greater than actual reserves
D) excess reserves equal deposits multiplied by the reserve ratio
Correct Answer:
Verified
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Q267: Q268: Q269: Q271: Suppose a bank has a desired reserve Q272: Excess reserves are equal to Q273: A small commercial bank has $10,000 in Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents![]()
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A) the sum