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The Following Table Lists Some Statistics on Boring Bank

Question 64

Multiple Choice

The following table lists some statistics on Boring Bank.
The following table lists some statistics on Boring Bank. -Refer to the table above.If Boring Bank faces a required reserve ratio of 10 percent and has twice as many excess reserves as required reserves,how many total assets does Boring Bank have? A) $370 B) $430 C) $490 D) $570
-Refer to the table above.If Boring Bank faces a required reserve ratio of 10 percent and has twice as many excess reserves as required reserves,how many total assets does Boring Bank have?


A) $370
B) $430
C) $490
D) $570

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