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16. Assuming a reserve ratio of 5 percent, if a bank sells $200,000 in securities how much can the bank loan out? a. $190,000 b.
16. Assuming a reserve ratio of 5 percent, if a bank sells $200,000 in securities how much can the bank loan out?
a. $190,000
b. $2,000,000
c. $105,000
d. $10,000
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Business Driven Technology
Authors: Paige Baltzan
5th edition
978-007337684, 9780077419318, 73376841, 77419316, 978-0073376844
