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Which of the following is correct ? Multiple Choice Required reserves minus actual reserves equal excess reserves. Required reserves equal excess reserves minus actual reserves.

Which of the following iscorrect?

Multiple Choice

Required reservesminusactual reservesequalexcess reserves.
Required reservesequalexcess reservesminusactual reserves.
Required reservesequalactual reservesplusexcess reserves.
Actual reservesminusrequired reservesequalexcess reserves.

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