Business, 25.04.2020 02:55, sepdentalcare8131
If the reserve requirement was 15% and a bank customer makes a deposit of $500, the initial result would be: a. a $3,333 increase in required reserves and an $425 increase in excess reserves. be. an $425 increase in required reserves and a $75 increase in excess reserves. c. a $75 increase in required reserves and a $425 increase in excess reserves. d. a $75 increase in required reserves and a $3,333 increase in excess reserves.
Answers: 2
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