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Refer to the Accompanying Consolidated Balance Sheet for the Commercial

Question 216

Multiple Choice

Refer to the accompanying consolidated balance sheet for the commercial banking system. Assume the required reserve ratio is 12 percent. All figures are in billions of dollars. The commercial banking system has excess Reserves of A) $32 billion. B) $36 billion. C) $42 billion. D) $60 billion. Refer to the accompanying consolidated balance sheet for the commercial banking system. Assume the required reserve ratio is 12 percent. All figures are in billions of dollars. The commercial banking system has excess
Reserves of


A) $32 billion.
B) $36 billion.
C) $42 billion.
D) $60 billion.

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