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When there is a reserve requirement, banks Question 40 options: a) must hold exactly the required quantity of reserves. b) may hold more than, but
When there is a reserve requirement, banks Question 40 options: a) must hold exactly the required quantity of reserves. b) may hold more than, but not less than, the required quantity of reserves. c) may hold less than, but not more than, the required quantity of reserves. d) must seek the Fed's permission whenever they wish to expand or contract their loans to customers
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