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Table 13-2 Refer to Table 13-2

Question 136

Multiple Choice

Table 13-2 Table 13-2 Refer to Table 13-2. If the reserve requirement is 10 percent, then this bank A) is in a position to make a new loan of $15,000. B) has less reserves than required. C) has excess reserves of less than $15,000. D) none of the above is correct. Refer to Table 13-2. If the reserve requirement is 10 percent, then this bank


A) is in a position to make a new loan of $15,000.
B) has less reserves than required.
C) has excess reserves of less than $15,000.
D) none of the above is correct.

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