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Galindoux21 Galindoux21
wrote...
Posts: 203
5 years ago
If Bank A holds $200 in reserves, deposits are $1000, and the desired reserve ratio is 15 percent, how much are excess reserves?
A) zero, because banks never hold excess reserves
B) $200
C) $50
D) $150
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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5 years ago
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