9. Explain what is meant by each of the following: a. Reserve ratio b. Required reserves c....

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9. Explain what is meant by each of the following:

a. Reserve ratio

b. Required reserves

c. Excess reserves

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Foundations Of Global Financial Markets And Institutions

ISBN: 9780262039543

5th Edition

Authors: Frank J. Fabozzi, Frank J. Jones, Francesco A. Fabozzi, Steven V. Mann

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