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    Bank Management
  4. Exam
    Exam 11: Liquidity and Reserves Management: Strategies and Policies
  5. Question
    A USBank Can Run Up to a 5-Percent Deficit in Its
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A USBank Can Run Up to a 5-Percent Deficit in Its

Question 67

Question 67

True/False

A U.S.bank can run up to a 5-percent deficit in its legal reserve requirement unconditionally without incurring an interest penalty from the Federal Reserve System.

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