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Table 10-2 -Refer to the Table 10-2.If the Reserve Requirement Is 10

Question 156

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Table 10-2 Table 10-2 -Refer to the Table 10-2.If the reserve requirement is 10 percent and then someone deposits $50,000 into the bank,what is the bank's reserve position? A) It will have $75,000 in excess reserves. B) It will have $52,500 in excess reserves. C) It will need to raise reserves by $5000. D) It will have excess reserves of $2500.
-Refer to the Table 10-2.If the reserve requirement is 10 percent and then someone deposits $50,000 into the bank,what is the bank's reserve position?


A) It will have $75,000 in excess reserves.
B) It will have $52,500 in excess reserves.
C) It will need to raise reserves by $5000.
D) It will have excess reserves of $2500.

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