1. (LO 3) Table 8.2 shows the balance sheet of the Bruins Bank. By how much is...
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1. (LO 3) Table 8.2 shows the balance sheet of the Bruins Bank.
By how much is the Bruins Bank over- or under-reserved, if the target reserve ratio is
a) 2 percent
b) 5 percent
c) 8 percent
d) 12 percent
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