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Business, 19.04.2021 15:50 Emmaxox715

If a bank has $500 million of checkable deposits, a required reserve ratio of 15%, and it holds $126 million reserves, then the maximum deposit outflow it can sustain without running into reserve deficiency is Group of answer choices $20 million $60 million $71 million $51 million

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If a bank has $500 million of checkable deposits, a required reserve ratio of 15%, and it holds $126...
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