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JadeDeLair JadeDeLair
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A year ago
The following table lists some statistics on Boring Bank.

CategoryAmount (dollars)
Reserves________
Demand deposits200
Long-term debt________
Cash equivalents80
Short-term borrowing95
Long-term investments230

Refer to the table above. Boring Bank has total liabilities of $320. Using the information in the table, what is the value of Boring Bank's long-term debt?

▸ $120

▸ $15

▸ $40

▸ $25
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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skysdalmtsskysdalmts
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A year ago
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JadeDeLair Author
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A year ago
Good timing, thanks!
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You make an excellent tutor!
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2 hours ago
This site is awesome
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