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Business, 10.12.2019 21:31 CobyHageman

The manager of the bank where you work tells you that your bank has $10 million in excess reserves. she also tells you that the bank has $400 million in deposits and $375 million dollars in loans. given this information you find that the reserve requirement must be
a. 10/400.
b. 25/400.
c. 35/400.
d. 15/400.

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The manager of the bank where you work tells you that your bank has $10 million in excess reserves....

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