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    Principles of Macroeconomics
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    Exam 11: The Monetary System
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    Table 11-4. -Refer to Table 11-4. If the Bank Is Holding $4,000
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Table 11-4. -Refer to Table 11-4. If the Bank Is Holding $4,000

Question 34

Question 34

Multiple Choice

Table 11-4.
Table 11-4.    -Refer to Table 11-4. If the bank is holding $4,000 in excess reserves, then the reserve requirement with which it must comply is A)  4 percent. B)  6 percent. C)  12 percent. D)  14 percent.
-Refer to Table 11-4. If the bank is holding $4,000 in excess reserves, then the reserve requirement with which it must comply is


A) 4 percent.
B) 6 percent.
C) 12 percent.
D) 14 percent.

Correct Answer:

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