Computers and Technology, 24.12.2021 02:40, jdkrisdaimcc11
The manager of the bank where you work tells you that your bank has $10 million in excess reserves. She also tells you that the bank has $400 million in deposits and $375 million dollars in loans. Given this information you find that the reserve requirement must be:.
A. 10/400.
B. 25/400.
C. 35/400.
D. 15/400.
Answers: 3
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The manager of the bank where you work tells you that your bank has $10 million in excess reserves....
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