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Loraine Loraine
wrote...
Posts: 4563
8 years ago
Which of the following financial institutions does NOT have to meet minimum reserve ratios?
i.   the Fed
ii.   commercial banks
iii.   credit unions
A) i only
B) ii only
C) iii only
D) ii and iii
E) i, ii, and iii
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 245 times
2 Replies
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Answer verified by a subject expert
SydnieSydnie
wrote...
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Posts: 3807
8 years ago
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More solutions for this book are available here
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wrote...
8 years ago
I was confident with my answer, glad it was correct.

Oh, and thumbs-up are more than welcome Slight Smile
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