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The Following Table Shows a T-Account for Bank a in a New

Question 43

Multiple Choice

The following table shows a T-account for Bank A in a new economy.
The following table shows a T-account for Bank A in a new economy. -Refer to the table above.If the required reserve ratio is 5 percent,how much is Bank A currently holding in excess reserves? A) $0 B) $400 C) $800 D) $1,200
-Refer to the table above.If the required reserve ratio is 5 percent,how much is Bank A currently holding in excess reserves?


A) $0
B) $400
C) $800
D) $1,200

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