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vnaust vnaust
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3 months ago
The following table shows a T-account for Bank A in a new economy.




Refer to the table above. If Bank A maintained the same reserve ratio, but its deposits increased to $15,000, how much in reserves must the bank now hold?

▸ $3,150

▸ $2,135

▸ $3,850

▸ $2,050
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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isaw09isaw09
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3 months ago
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vnaust Author
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3 months ago
Thank you, thank you, thank you!
fgarza2146
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This site is awesome
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Thanks for your help!!
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