Business

Business, 22.06.2021 01:00, sugakookies1

Suppose the ABC bank has excess reserves of $3,000 and checkable deposits of $50,000. If the reserve requirement is 20 percent, what is the size of the bank's actual reserves? a. $53,000
b. $13,000
c. $10,000
d. $7,000

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Suppose the ABC bank has excess reserves of $3,000 and checkable deposits of $50,000. If the reserve...

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