Business
Business, 27.08.2021 20:20, SupremeDiaz17

If Suntrust Banks have demand deposits of $10 billion, actual reserves of $2 billion, and the reserve requirement is 18 percent, the bank's excess reserves are: a. $180 million.
b. $400 millon.
c. $360 million.
d. $200 million.

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Answers: 3

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If Suntrust Banks have demand deposits of $10 billion, actual reserves of $2 billion, and the reserv...

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