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The RDW Bank Has Deposits of $250 Million, Excess Reserves

Question 26

Multiple Choice

The RDW Bank has deposits of $250 million, excess reserves of $50 million, and a reserve requirement of 20 percent. RDW Bank's actual reserves are:

A) $50 million.
B) $100 million.
C) $200 million.
D) $300 million.

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