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Suppose that a bank's actualtotal reserves are $10 million, its demand deposits are$10 million, and its excess reserves are $8 million. The reserve requirementratio (

Suppose that a bank's actualtotal reserves are $10 million, its demand deposits are$10 million, and its excess reserves are $8 million. The reserve requirementratio ( r )must be :

Select one:

a.40 %

b.20 %

c.30 %

d.10 %

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