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f a bank has demand deposits of $160,000, reserves of $15,000 and excess reserves of $2,200, then what must its target reserve ratio be? a.

f a bank has demand deposits of $160,000, reserves of $15,000 and excess reserves of $2,200, then what must its target reserve ratio be? a. 1.375%. b. 9.375%. c. 6%. d. 8%

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