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Title: The Bank of Red Oak has $2 million in deposits and $400,000 in reserves. If excess reserves are ... Post by: jmoney5 on Apr 28, 2019 Question 1. The Bank of Arugula has $9 million in deposits and $900,000 in reserves. If the required reserve ratio is 10%, excess reserves are equal to ▸ $180,000. ▸ $90,000. ▸ $81,000. ▸ zero. Question 2. The Bank of Red Oak has $2 million in deposits and $400,000 in reserves. If excess reserves are equal to $100,000, the required reserve ratio is ▸ 5%. ▸ 10%. ▸ 15%. ▸ 20%. Title: The Bank of Red Oak has $2 million in deposits and $400,000 in reserves. If excess reserves are ... Post by: gdchavis1 on Apr 28, 2019 Content hidden
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