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valputin valputin
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Posts: 5754
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8 years ago
A bank has no excess reserves and demand deposit liabilities of $100,000 when the required reserve ratio is 20 percent. If the reserve ratio is raised to 25 percent, the bank's excess reserves will now be
A) -$5,000.
B) -$1,000.
C) $1,000.
D) $5,000.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
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Our course uses > The Economics of Money, Banking and Financial Markets

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Replies
wrote...
8 years ago
A
valputin Author
wrote...
8 years ago
Thank you
Our course uses > The Economics of Money, Banking and Financial Markets
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