Business
Business, 19.05.2021 18:50, sonaihriley

Vault cash is equal to $2 million, deposits by depository institutions at the central bank are $1 million, the monetary base is $15 million, and bank deposits are $30 million. Bank reserves are equal to: a. $3 million.
b. $12 million.
c. $15 million.
d. $20 million.

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Answers: 1

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