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nitnit nitnit
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A year ago
The following table shows Free Donut Bank's balance sheet. Free Donut Bank has a required reserve ratio of 20 percent and has $75 in excess reserves.




Refer to the table above. What is the value of demand deposits?

▸ $1,375

▸ $500

▸ $775

▸ $1,000
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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raouldukraoulduk
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A year ago
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nitnit Author
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A year ago
Thanks
brina10
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Brilliant ツ
choih94
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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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