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    Principles of Macroeconomics
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    Exam 10: The Monetary System
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    -Refer to Table 10-2
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-Refer to Table 10-2

Question 160

Question 160

Multiple Choice

  -Refer to Table 10-2. If the Last Bank of Panorama Springs is holding $4000 in excess reserves, what is the reserve requirement? A)  8 percent B)  9 percent C)  10 percent D)  12 percent
-Refer to Table 10-2. If the Last Bank of Panorama Springs is holding $4000 in excess reserves, what is the reserve requirement?


A) 8 percent
B) 9 percent
C) 10 percent
D) 12 percent

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