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Table 11-6. -Refer to Table 11-6. If the Bank of Springfield Has

Question 313

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Table 11-6.
Table 11-6. -Refer to Table 11-6. If the Bank of Springfield has lent out all the money it can given its level of deposits, then what is the reserve requirement? A) 5.00 percent B) 8.00 percent C) 8.42 percent D) 95.00 percent
-Refer to Table 11-6. If the Bank of Springfield has lent out all the money it can given its level of deposits, then what is the reserve requirement?


A) 5.00 percent
B) 8.00 percent
C) 8.42 percent
D) 95.00 percent

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