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Table 29-3

Question 144

Multiple Choice

Table 29-3. An economy starts with $50,000 in currency. All of this currency is deposited into a single bank, and the bank then makes loans totaling $45,750. The T-account of the bank is shown below. Table 29-3. An economy starts with $50,000 in currency. All of this currency is deposited into a single bank, and the bank then makes loans totaling $45,750. The T-account of the bank is shown below. -Refer to Table 29-3. The bank's reserve ratio is A) 17.5 percent. B) 8.5 percent. C) 91.5 percent. D) 100 percent.
-Refer to Table 29-3. The bank's reserve ratio is


A) 17.5 percent.
B) 8.5 percent.
C) 91.5 percent.
D) 100 percent.

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