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Business, 31.07.2019 04:00 bxbykyah

Acommercial bank has required reserves of $60 million and the reserve ratio is 20 percent. how much are the commercial bank's checkable-deposit liabilities? a. $120 million b. $900 million c. $300 million d. $1,200 million

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Acommercial bank has required reserves of $60 million and the reserve ratio is 20 percent. how much...
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