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During the Maintenance Period, the Actual Average Amount of Reserves

Question 21

Multiple Choice

During the maintenance period, the actual average amount of reserves held must be


A) more than the average required reserves determined in the computation period.
B) equal to the average required reserves determined in the computation period.
C) less than the average required reserves determined in the computation period.
D) substantially less than the average required reserves determined in the computation period.

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