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Refer to the Given Balance Sheets

Question 28

Multiple Choice

Refer to the given balance sheets. If the reserve ratio is 25 percent, commercial banks have excess reserves of A) $12. B) $22. C) $16. D) $24. Refer to the given balance sheets. If the reserve ratio is 25 percent, commercial banks have excess reserves of


A) $12.
B) $22.
C) $16.
D) $24.

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