If a bank has $32 million in deposits and the required reserve ratio is 4 percent, the bank's required reserves equal $0.8 million.

Name: If a bank has $32 million in deposits and the required reserve ratio is 4 percent, the bank's required reserves equal $0.8 million.
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The Answer of If a bank has $32 million in deposits and the required reserve ratio is 4 percent, the bank's required reserves equal $0.8 million.

If a Bank Has $32 Million in Deposits and the Required