If a bank has $10 million of deposits, a required reserve ratio of 10 percent, and $2 million in reserves, then it does not have enough reserves to support a deposit outflow of Group of answer choices $1.2 million. $1.1 million. $1 million. either A or B of the above.
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If a bank has $10 million of deposits, a required reserve ratio of 10 percent, and $2 million in res...
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