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Home Q & A Board Other Fields Homework Help Business Economics
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Sublight2097 Sublight2097
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Posts: 4132
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8 years ago
From the banker's perspective, dollars held as required reserves in bank vaults
A) earn a low rate of interest.
B) earn no rate of interest.
C) earn a market rate of interest.
D) earn profits.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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SydnieSydnie
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#1
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8 years ago
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Sublight2097 Author
wrote...
#2
8 years ago
My mind was going in all different directions trying to figure this one out. Thanks so much.
wrote...
#3
Educator
6 years ago
According to a member:

This is an incorrect answer.  I was studying for an economics quiz and the test answer came out to be : Earn no rate of interest.  So, this obviously didn't help me studying.
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