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    Economics for Managers
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    Exam 13: The Role of Money in the Macro Economy
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    If $1000 Was Deposited in a Bank and the Reserve
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If $1000 Was Deposited in a Bank and the Reserve

Question 17

Question 17

Multiple Choice

If $1000 was deposited in a bank and the reserve requirement is 0.20,how much is available for loans?


A) $900
B) $910
C) $800
D) $930

Correct Answer:

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