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hh360 hh360
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5 years ago
The above table has the balance of the University National Bank. All figures are in millions of dollars. The desired reserve ratio is 20 percent. What is the value of excess reserves held by the University National Bank?
A) $88 million
B) $232 million
C) $320 million
D) $352 million
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Macroeconomics

Macroeconomics


Edition: 12th
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Chanta35Chanta35
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5 years ago
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You make an excellent tutor!
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