Question: 44. A bank's excess reserves are equal to or defined as A. total reserves minus cash B. total reserves minus deposit liabilities C. total reserves

 44. A bank's excess reserves are equal to or defined as

A. total reserves minus cash B. total reserves minus deposit liabilities C.

44. A bank's excess reserves are equal to or defined as A. total reserves minus cash B. total reserves minus deposit liabilities C. total reserves plus required reserves D. total reserves minus required reserves E. none of the above

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