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thanhha78 thanhha78
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6 years ago
Given the following information about Metropolis Bank:
Bank Deposits    $50,000
Loans    17,500
Required Reserves    30,000
Excess Reserves    2,500

The required reserve ratio must be
A) 75%.
B) 60%.
C) 30%.
D) 15%.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Quinn1981Quinn1981
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6 years ago
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thanhha78 Author
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#2
6 years ago
can't thank you enough for this, appreciate it a lot
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