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19 (Mandatory) (2.5 points) If Carlo deposits a check of $1,550 in Community Bank of Texas and the required reserve for the bank is 15%
19 (Mandatory) (2.5 points) If Carlo deposits a check of $1,550 in Community Bank of Texas and the required reserve for the bank is 15% mandated by the Fed, how much of this deposit will be loaned out to customers? Question 19 options: a) $1,317.5 b) $232.5 c) $1,550 d) $155
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