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darkfire12 darkfire12
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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 amount of Free Donut Bank's cash equivalents?

▸ $175

▸ $110

▸ $310

▸ $245
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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Hope89Hope89
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A year ago
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darkfire12 Author
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A year ago
this is exactly what I needed
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Thanks
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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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