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Bank A has $10 million in deposit liabilities and the required-reserve ratio is 10 percent. It follows that Bank A holds total reserves of at
Bank A has $10 million in deposit liabilities and the required-reserve ratio is 10 percent. It follows that Bank A holds total reserves of at least Select one: O a. $9 million. b. $10 million. O c. $500,000 thousand. O d. $1 million. Clear my choice
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