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2. Ims.gvsu.edu/ultra/courses/_426564_1/outline/assessment/_14677893_1/overview/attempt/_53409456_1? courseld=_426564_1 X 0 OF 16 QUESTIONS REMAINING Question 6 3 Points Final Exam W24 Laker State Bank Assets Liabilities Reserves 450 Checkable Deposits

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2. Ims.gvsu.edu/ultra/courses/_426564_1/outline/assessment/_14677893_1/overview/attempt/_53409456_1? courseld=_426564_1 X 0 OF 16 QUESTIONS REMAINING Question 6 3 Points Final Exam W24 Laker State Bank Assets Liabilities Reserves 450 Checkable Deposits 3000 Loans 1800 Borrowing from Fed 100 Securities 850 Federal Reserve Bank Assets Liabilities Securities 1350 Currency in Circulation 1300 Loans to Financial Inst. 500 Reserves 450 Unless otherwise noted, the reserve ratio is 10% Building upon the previous question (The Fed selling $100 in bonds), if customers withdraw $100 checkable deposits, which of the following actions should the bank take [check all that apply]: The bank should executive an open-market purchase. The bank should executive an open-market sale. U The bank should borrow money from the discount window Last saved 6:52:20 PM Questions Filter (16)

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