iiio7287 iiio7287

01-12-2022
SAT

contestada

A bank with $120 million in deposits has required reserves of _________ if the required
reserve ratio is 10%
a. $1.2 million
b. $10 million
c. $12 million
d. $120 million

Respuesta :

shahaaa321 shahaaa321

05-12-2022

Answer:c 12 million

Explanation:

Answer Link

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