Question
If the required reserve ratio is 0.2, and a bank has $100 million in demand deposits and $40 million in property and buildings, it must
If the required reserve ratio is 0.2, and a bank has $100 million in demand deposits and $40 million in property and buildings, it must hold reserves of at least
$28 million
$12 million
$26 million
$8million
$20 million
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Using R For Econometrics
Authors: Florian Heiss
1st Edition
1523285133, 9781523285136
