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The Following Table Shows the Assets and Liabilities for Safeco

Question 94

Multiple Choice

The following table shows the assets and liabilities for Safeco Bank.
The following table shows the assets and liabilities for Safeco Bank. -Refer to the table above.What is Safeco Bank's required reserve ratio if the bank has $15,000 in excess reserves? A) 5 percent B) 10 percent C) 15 percent D) 20 percent
-Refer to the table above.What is Safeco Bank's required reserve ratio if the bank has $15,000 in excess reserves?


A) 5 percent
B) 10 percent
C) 15 percent
D) 20 percent

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