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Advanced Placement (AP), 23.04.2020 10:22 kiki8734

The first bank in a city has a total reserve of $1000, Excess reserves of $800, and required reserves of $200.
What is the dollar value of new loans that this bank can make?
A$1000
B$1800
C$1200
D$800
E$200

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The first bank in a city has a total reserve of $1000, Excess reserves of $800, and required reserve...

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