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Question
A bank has excess reserves of $1,000 and demand deposit liabilities of $80,000 when the reserve requirement is 20 percent. If the reserve requirement is lowered to 10 percent, the bank's excess reserves will beA. $1,000.
B. $8,000.
C. $9,000.
D. $17,000.
Answer
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Related questions
Q:
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A. exceeds; rise; right
B. exceeds; fall; left
C. remains below; fall; right
D. remains below; rise; left
Q:
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A. demand; right
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Q:
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C. public choice theory.
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Q:
The Lucas critique indicates that
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Q:
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Q:
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Q:
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