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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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