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Actual reserves are equal to

Loraine

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9 years ago

Actual reserves are equal to

Actual reserves are equal to
A) minimum balances plus desired reserves.
B) required reserves plus fractional deposits.
C) excess reserves plus liabilities.
D) desired reserves plus excess reserves.
E) government securities plus cash in the bank's vault.

Textbook

Essential Foundations of Economics

Edition: 7^th

Authors: Bade, Parkin

Read 249 times

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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.

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Sydnie

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Loraine Author

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9 years ago

Correct

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