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    Economics Principles and Policy Study Set 2
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    Exam 28: Money and the Banking System
  5. Question
    Required Reserves of Banks Are a Fixed Percentage of Their
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Required Reserves of Banks Are a Fixed Percentage of Their

Question 13

Question 13

Multiple Choice

Required reserves of banks are a fixed percentage of their


A) loans.
B) assets.
C) deposits.
D) All of these responses are correct.

Correct Answer:

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