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edelynpl edelynpl
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2 months ago
The following table shows the balance sheet for Poor Baby Bank.




Refer to the table above. If the required reserve ratio is 20 percent, then how much in excess reserves does Poor Baby Bank have?

▸ $3

▸ $9

▸ $0

▸ $18
Textbook 

Macroeconomics


Edition: 3rd
Authors:
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benschmannbenschmann
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2 months ago
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$0

1

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edelynpl Author
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2 months ago
This calls for a celebration Person Raising Both Hands in Celebration
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Yesterday
Thanks for your help!!
wrote...

2 hours ago
Smart ... Thanks!
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