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Table 9-5 Bolton Bank: Partial Balance Sheet

Question 218

Multiple Choice

Table 9-5
Bolton Bank: Partial Balance Sheet
(All figures in $ million)
Table 9-5 Bolton Bank: Partial Balance Sheet (All figures in $ million) -Refer to Table 9-5. The required reserve ratio is 10%. What is the amount of Bolton Bank's excess reserves? A) $30 million B) $70 million C) $100 million D) zero
-Refer to Table 9-5. The required reserve ratio is 10%. What is the amount of Bolton Bank's excess reserves?


A) $30 million
B) $70 million
C) $100 million
D) zero

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