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Table 13-4 -In Table 13-4,if a Customer Withdrew $10,000 the Bank Would

Question 9

Multiple Choice

Table 13-4
Table 13-4 -In Table 13-4,if a customer withdrew $10,000 the bank would A) have to borrow money to meet the desired reserve ratio. B) have excess reserves of $5,000. C) have zero excess reserves. D) have $1,000 in excess reserves.
-In Table 13-4,if a customer withdrew $10,000 the bank would

A) have to borrow money to meet the desired reserve ratio.
B) have excess reserves of $5,000.
C) have zero excess reserves.
D) have $1,000 in excess reserves.

Correct Answer: