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Business, 19.11.2019 21:31 carafaith02

Suppose the bank faces a reserve requirement of 10 percent. starting from the situation as depicted by the t-account, a customer deposits an additional $60,000 into his account at the bank. if the bank takes no other action it will
select one:
a. have $64,000 in excess reserves.
b. have $4,000 in excess reserves.
c. be in a position to make new loans equal to $6,000
d. none is correct.

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