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A reserve requirement of 10 percent means a bank must have at least $200 of reserves if its checkable deposits are a. 2000 b. 20
A reserve requirement of 10 percent means a bank must have at least $200 of reserves if its checkable deposits are
a. 2000
b. 20
c.200
d. 20,000
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Macroeconomics A European Perspective
Authors: Olivier Blanchard, Alessia Amighini, Francesco Giavazzi
4th Edition
1292360895, 9781292360898
