Business, 10.12.2020 16:50 babydoll022299

If a bank has excess reserves of $10,000 and demand deposit liabilities of $80,000, and if the reserve requirement is 20 percent, then the bank has actual reserves of: a. $16,000.
b. $20,000.
c. $26,000.
d. $36,000.

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If a bank has excess reserves of $10,000 and demand deposit liabilities of $80,000, and if the reser...

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