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If the desired reserve ratio is 5 percent and a customer deposited $1000 in a saving account, how much new excess reserves are created? Select

If the desired reserve ratio is 5 percent and a customer deposited $1000 in a saving account, how much new excess reserves are created? Select one: O a. $50 cross out O b. $5000 cross.out O c. $1000 cross out O d. $950 cross out O e. None of the above cross out

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