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Question 10 Not yet answered Marked out of 0.50 Flag question Table: ABC Bank's Balance Sheet Assets (millions) Liabilities (millions) Cash in bank vault $2
Question 10 Not yet answered Marked out of 0.50 Flag question Table: ABC Bank's Balance Sheet Assets (millions) Liabilities (millions) Cash in bank vault $2 Checkable deposits $100 Deposits at the Federal Reserve 13 Loans 75 Property NO Bonds If the minimum reserve ratio for ABC Bank is 10%, then the bank can loan ot how much in excess reserves: Select one: O a. $90 million. O b. $10 million. O c. $100 million. O d. $7.5 million. Previous page Next page Final Term Assignment Submission
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