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    Modern Principles Macroeconomics
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    Exam 15: The Federal Reserve System
  5. Question
    If $1 in Cash Is Held in Reserve for Every
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If $1 in Cash Is Held in Reserve for Every

Question 167

Question 167

Multiple Choice

If $1 in cash is held in reserve for every $20 of deposits,the reserve ratio is:


A) 20%.
B) 10%.
C) 5%.
D) 1%.

Correct Answer:

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