Question: If D = Deposits, R = Reserves, ER = Excess reserves, and rD = the required reserve rate; then RR is: Select one: O a.

 If D = Deposits, R = Reserves, ER = Excess reserves,

If D = Deposits, R = Reserves, ER = Excess reserves, and rD = the required reserve rate; then RR is: Select one: O a. All answers are correct b. RR divided by D, times D C. rd times D O d. R minus ER

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