The required reserve ratio is 10 percent and charlie deposits $3,000 in her checking account. the bank must
a. decrease reserves by $3,000.
b. decrease reserves by $300.
c. increase reserves by $3,000.
d. increase reserves by $300.
e. not change its reserves until charlie decides to withdraw her funds.
Answers: 1
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The required reserve ratio is 10 percent and charlie deposits $3,000 in her checking account. the ba...
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