If a bank has $100,000 of checkable deposits, a required reserve ratio of 20 percent, and it
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Question:
If a bank has $100,000 of checkable deposits, a required reserve ratio of 20 percent, and it holds $40,000 in reserves, then the maximum deposit outflow it can sustain without altering its balance sheet is
A). $30,000
B). $25,000
C). $20,000
D). $10,000rn
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