Multiple Choice
If a bank has $1 million of deposits,a required reserve ratio of 20 percent,and $300,000 in reserves,it need not rearrange its balance sheet if there is a deposit outflow of
A) $50,000.
B) $75,000.
C) $150,000.
D) either A or B of the above.
Correct Answer:
Verified
Correct Answer:
Verified
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