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QUESTION 6 Suppose that a bank's actual reserves are $5 million, its checkable deposits are $5 million, and million. The reserve requirement must be: ts

QUESTION 6 Suppose that a bank's actual reserves are $5 million, its checkable deposits are $5 million, and million. The reserve requirement must be: ts excess reserves are $3 A.40% 20% 10% D. 5% C

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