Question: If the required reserve ratio is 0.2, and a bank has $100 million in demand deposits and $40 million in property and buildings, it must

If the required reserve ratio is 0.2, and a bank has $100 million in demand deposits and $40 million in property and buildings, it must hold reserves of at least

$28 million

$12 million

$26 million

$8million

$20 million

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