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The table below shows information for United Bank Deposits $500 million Reserves $95 million Reserve Requirement 20% Which of the following statements is true concerning

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The table below shows information for United Bank Deposits $500 million Reserves $95 million Reserve Requirement 20% Which of the following statements is true concerning United Bank in the federal funds market? Multiple Choice United Bank will lend $5 million reserves in the federal funds market United Bank will lend 595 million reserves in the federal funds market United Bank will borrow $100 million reserves in the federal funds market. United Bank will borrow $5 million reserves in the federal funds market

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