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homeowners could refinance their houses with larger loans when their homes appreciated in value. D Question 2 1 pts If a bank has excess reserves
homeowners could refinance their houses with larger loans when their homes appreciated in value. D Question 2 1 pts If a bank has excess reserves of $7,000 and demand deposit liabilities of $100,000, and if the reserve requirement is 15 percent, then the bank has actual reserves of O $27,000. O $22,000. $29,000. 0 $17.000. $15.000
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