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Business, 11.12.2019 15:31 ThGlitchz

Fiona deposits $2000 into a savings account. if the fed requires a 20% reserve ratio, how much money can the bank lend?

a) $400
b) $1600
c) $2000
d) $1200

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Answers: 2

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Fiona deposits $2000 into a savings account. if the fed requires a 20% reserve ratio, how much money...
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