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Assume that Bank A holds total reserves of $978, the required reserves are $432 and total deposit is $3,600. If the government purchases bonds worth
Assume that Bank A holds total reserves of $978, the required reserves are $432 and total deposit is $3,600. If the government purchases bonds worth $250 from Bank A, excess reserves of this bank will increase by _____.
Group of answer choices
$220
$546
$250
$776
$30
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