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Hunter-Best [27]
3 years ago
7

if the required reserve ratio is 10 percent the banking system currently has excess reserves equal to

Business
1 answer:
prisoha [69]3 years ago
5 0

Answer:

Experts are tested by Chegg as specialists in their subject area. We review their content and use your feedback to keep the quality high. Transcribed image text: If the required reserve ratio is 10 percent, the banking system currently has excess reserves equal to: $10 billion.

Explanation:

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