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9. Reserve requirements for demand deposits are mandated as follows. Deposit Level $0-20.3 Million 20.3-54 million 54 million + Reserve Requirement 0% 0% 10% What

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9. Reserve requirements for demand deposits are mandated as follows. Deposit Level $0-20.3 Million 20.3-54 million 54 million + Reserve Requirement 0% 0% 10% What is the percentage change in reserve requirements if the demand deposits of a bank increased from $108 million to $120 million

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