Question: Check answer If a bank has $60,000 in total deposits and the required reserve rate is 24%, what is the maximum amount of money this

Check answer

If a bank has $60,000 in total deposits and the required reserve rate is 24%, what is the maximum amount of money this bank could choose to loan right now? O a) $14,400 Ob) $24,000 O c) $38,400 d) None of the above

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