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Table 29-4. The First Bank of Wahooton

Question 12

Multiple Choice

Table 29-4.
The First Bank of Wahooton
Table 29-4. The First Bank of Wahooton -Refer to Table 29-4.If the bank faces a reserve requirement of 10 percent,then the bank A) is in a position to make a new loan of $15,000. B) has fewer reserves than are required. C) has excess reserves of $10,000. D) None of the above is correct.
-Refer to Table 29-4.If the bank faces a reserve requirement of 10 percent,then the bank


A) is in a position to make a new loan of $15,000.
B) has fewer reserves than are required.
C) has excess reserves of $10,000.
D) None of the above is correct.

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