Exam (elaborations)
Econ 104 Quiz 7 || with 100% Errorless Solutions.
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Say a bank has $200M in loans, $10M in reserves, and $200M in c. deposits. Also, the required reserve ratio is 5%. This back ____ bankrupt and it _____ have sufficient reserves to meet its reserve requirement a. is, does b. is , does not c. is not, does d. is not, does not correct answers is ...
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