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Suppose the ABC bank has excess reserves of $5400 and demand deposit liabilities of $60000 . If the desired reserve ratio is 20 percent, what

Suppose the ABC bankhas excess reserves of $5400anddemand deposit liabilities of $60000. If thedesired reserve ratio is 20 percent,what is thesizeof the bank'sactual reserves?

A.$60000

B.$17400

C.$12000

D.$65400

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