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Table 131 Refer to Table 13

Question 68

Multiple Choice

Table 13.1 Table 13.1   Refer to Table 13.1.Given a reserve requirement of 8 percent, what is the increase in required reserves when the government purchases $400 worth of government securities? A) $400 B) $224 C) $32 D) $256 E) $5, 000 Refer to Table 13.1.Given a reserve requirement of 8 percent, what is the increase in required reserves when the government purchases $400 worth of government securities?


A) $400
B) $224
C) $32
D) $256
E) $5, 000

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