Business, 24.01.2020 22:31 jakaylathomas11

The bank of mesquite has $2 million in deposits and $550,000 in reserves. if excess reserves are equal to $150,000, the required reserve ratio

a. 15%.
b. 20%.
c. 35%.
d. 65%.

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The bank of mesquite has $2 million in deposits and $550,000 in reserves. if excess reserves are equ...

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