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-The Table Above Shows the Balance Sheet for Ralph's Bank

Question 40

Multiple Choice

-The table above shows the balance sheet for Ralph's Bank. If the desired reserve ratio is 15 percent, Ralph's Bank has excess reserves of ________. A) $50 B) $500 C) $450 D) $2,500
-The table above shows the balance sheet for Ralph's Bank. If the desired reserve ratio is 15 percent, Ralph's Bank has excess reserves of ________.


A) $50
B) $500
C) $450
D) $2,500

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