Business, 30.03.2020 17:03 Huntruh2842

Suppose American Bank has $500 in deposits and $200 in reserves and that the required reserve ratio is 10 percent. In this situation, American Bank has A. $50 in required reserves. B. $50 in excess reserves. C. $200 in excess reserves. D. $200 in required reserves.

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Suppose American Bank has $500 in deposits and $200 in reserves and that the required reserve ratio...