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thanhha78 thanhha78
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Suppose George withdraws $60,000 from his bank. If the reserve ratio is 25%, then this transaction will lead to a decrease of ________ in checking account balances.
A) $15,000
B) $45,000
C) $90,000
D) $180,000
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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trumpetsoflifetrumpetsoflife
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thanhha78 Author
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6 years ago
thnkkkkk .. always right
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