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MinikoRei MinikoRei
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6 years ago
The above table gives the initial balance sheet for Mega Bank. Mega Bank's desired reserves equal its required reserves. Based on the initial balance sheet, what is the required reserve ratio for Mega Bank?
A) 3 percent
B) 10 percent
C) 30 percent
D) 1.4 percent
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Macroeconomics

Macroeconomics


Edition: 12th
Author:
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smdavissmdavis
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#1
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6 years ago
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