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Vrocha21 Vrocha21
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5 years ago
Suppose Bank A holds $200 of reserves, has deposits of $1000, and the desired reserve ratio is 15 percent. How many loans can Bank A create at Bank A?
A) zero, because Bank A has no excess reserves
B) $200
C) $50
D) $850
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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softballjunkie1softballjunkie1
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#1
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5 years ago
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Vrocha21 Author
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5 years ago
Correct Slight Smile TY
Smair87
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Yesterday
Thanks
Gamiung3657
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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