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  3. Study Set
    Economics A Contemporary Introduction
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    Exam 15: Banking and the Money Supply
  5. Question
    A Bank with $1 Million in Deposits and $50,000 in Excess
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A Bank with $1 Million in Deposits and $50,000 in Excess

Question 170

Question 170

True/False

A bank with $1 million in deposits and $50,000 in excess reserves,facing a required reserve ratio of 20 percent,holds total reserves of $250,000.

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