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Table 122 Refer to Table 12

Question 64

Multiple Choice

Table 12.2 Table 12.2   Refer to Table 12.2.Assume a reserve requirement of 10 percent.The maximum amount of new loans the bank could extend is _____. A) $500 B) $1, 000 C) $2, 000 D) $3, 000 E) $4, 000 Refer to Table 12.2.Assume a reserve requirement of 10 percent.The maximum amount of new loans the bank could extend is _____.


A) $500
B) $1, 000
C) $2, 000
D) $3, 000
E) $4, 000

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