Business, 30.11.2020 18:10 kellysmith45
Say the reserve requirement is 20 percent. If you pay back a loan of $10,000 a bank had previously made to you, the act of paying back the loan:
a. adds $10,000 in bank reserves.
b. eliminates $2,000 in bank reserves.
c. eliminates $10,000 in bank reserves.
d. adds S2,000 in bank reserves.
Answers: 1
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Say the reserve requirement is 20 percent. If you pay back a loan of $10,000 a bank had previously m...
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