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Business, 01.09.2019 09:50 kianajackson9828
Acommercial bank has $100 million in checkable-deposit liabilities and $12 million in actual reserves. the required reserve ratio is 10 percent. how big are the bank’s excess reserves? lo33.2a.$100 million. b.$88 million. c.$12 million. d.$2 million.
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Acommercial bank has $100 million in checkable-deposit liabilities and $12 million in actual reserve...
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