If the reserve requirement is. 0.2 and demand deposits are $800, the banks must keep _________ as

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If the reserve requirement is. 0.2 and demand deposits are $800, the banks must keep _________ as required reserves and can lend out _______

a. $800; $800

b. $200; $6,000

c. $160; $640

d. $640; $160

e. $0; $460

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Introduction To Economics Social Issues And Economic Thinking

ISBN: 9780470574782

1st Edition

Authors: Wendy A. Stock

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Question Posted: Oct 28, 2023 07:12 AM

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If the reserve requirement is. 0.2 and demand deposits are $800, the banks must keep _________ as

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If the reserve requirement is 02 20 and demand deposits are 800 the banks ...View the full answer

Introduction To Economics Social Issues And Economic Thinking

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