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A chartered bank has demand deposits of $200,000, actual cash reserves of $100,000, and excess reserves of $50,000. What is the bank's desired reserve ratio?

A chartered bank has demand deposits of $200,000, actual cash reserves of $100,000, and excess reserves of $50,000. What is the bank's desired reserve ratio?

A)0.25

B)0.20

C)0.50

D)0.75

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