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Coltonht Coltonht
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5 years ago

Question 1.

A commercial bank lists net worth as



▸ an asset.

▸ a liability.

▸ retained earnings.

▸ excess reserves.

Question 2.

Bank of Mt. Etna has $500 million in deposits. Bank of Mt. Etna is meeting its reserve requirement and has no excess reserves. It has $75 million in reserves. Bank of Mt. Etna faces a required reserve ratio of



▸ 15%.

▸ 25.5%.

▸ 45%.

▸ 47.2%.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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vande746vande746
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5 years ago
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Coltonht Author
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5 years ago
Correct Slight Smile TY
ethom947
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Brilliant ツ
Ctownsend
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2 hours ago
Thank you, thank you, thank you!
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