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    Economics Principles and Policy Study Set 2
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    Exam 28: Money and the Banking System
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    If the Required Reserve Ratio Is 10 Percent and a Bank
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If the Required Reserve Ratio Is 10 Percent and a Bank

Question 42

Question 42

Multiple Choice

If the required reserve ratio is 10 percent and a bank receives a deposit of $1,000, how much may the bank loan out?


A) $100
B) $200
C) $900
D) $300

Correct Answer:

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