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Table 16-4. -Refer to Table 16-4. If the Bank Is Holding $4,000

Question 99

Multiple Choice

Table 16-4. Table 16-4. -Refer to Table 16-4. If the bank is holding $4,000 in excess reserves, then the reserve requirement with which it must comply is A) 4 percent. B) 6 percent. C) 12 percent. D) 14 percent.
-Refer to Table 16-4. If the bank is holding $4,000 in excess reserves, then the reserve requirement with which it must comply is


A) 4 percent.
B) 6 percent.
C) 12 percent.
D) 14 percent.

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