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Economics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0078021800Economics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0078021800 Exercise 2
If you ran a bank with checking deposits of $400 million, you would need to hold reserves of a little less than how much (assuming you don't remember the cutoff point)?
Explanation
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Required reserve ratio refers to the pro...
Economics 11th Edition by Stephen Slavin
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