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Question 1 - Wk 5 - App X
M Reading Mode: Interest X
Question 1 - Wk 5 - App X
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MC Qu. 35-24 (Algo) Suppose the ABC bank has excess...
Suppose the ABC bank has excess reserves of $1,000 and checkable deposits of $30,000. If the reserve req
10 percent, what is the size of the bank's actual reserves?
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$4.000

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