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Table 1. An economy starts with $10,000 in currency. All of this currency is deposited into a single bank, and the bank then makes loans
Table 1. An economy starts with $10,000 in currency. All of this currency is deposited into a single bank, and the bank then makes loans totaling $9,250. The T-account of the bank is shown below. Reserves $750 Loans 9,250 a. b. Assets Refer to Table 1. The bank's reserve ratio is C. d. 7.50 percent. 8.12 percent. 92.50 percent. Liabilities 100 percent. Deposits $10,000 Table 1. An economy starts with $10,000 in currency. All of this currency is deposited into a single bank, and the bank then makes loans totaling $9,250. The T-account of the bank is shown below. Loans 9,250 Refer to Table 1. The bank's reserve ratio is a. 7.50 percent. b. 8.12 percent. c. 92.50 percent. d. 100 percent
Table 1. An economy starts with $10,000 in currency. All of this currency is deposited into a single bank, and the bank then makes loans totaling $9,250. The T-account of the bank is shown below. Reserves $750 Loans 9,250 a. b. Assets Refer to Table 1. The bank's reserve ratio is C. d. 7.50 percent. 8.12 percent. 92.50 percent. Liabilities 100 percent. Deposits $10,000
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