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Table 13-2 Refer to Table 13-2

Question 118

Multiple Choice

Table 13-2 Table 13-2 Refer to Table 13-2. If the Hometown Bank is holding $10,000 in excess reserves, then the reserve requirement is A) 2 percent. B) 5 percent. C) 7 percent. D) 10 percent. Refer to Table 13-2. If the Hometown Bank is holding $10,000 in excess reserves, then the reserve requirement is


A) 2 percent.
B) 5 percent.
C) 7 percent.
D) 10 percent.

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