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The money supply is 5,000, of which 750 is currency held by the public. Bank reserves are 680. The reserve-deposit ratio equals: Question 3 Answer

The money supply is 5,000, of which 750 is currency held by the public. Bank reserves are 680. The reserve-deposit ratio equals: Question 3 Answer a. 12% b. 7% c. 15% d. 16% e. None of the options in this

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