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Suppose a bank has $100,000 in checking account deposits with noexcess reserves and the required reserve ratio is 10 percent. Ifthe Federal Reserve raises the

Suppose a bank has $100,000 in checking account deposits with noexcess reserves and the required reserve ratio is 10 percent. Ifthe Federal Reserve raises the required reserve ratio to 12percent, then the bank will now have excess reserves of

A) $12,000.

B) $0.

C) -$2,000.

D) -$12,000.

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