Homework Clinic
Social Science Clinic => Economics => Microeconomics => Topic started by: codyclark on Jun 30, 2018
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Excess reserves equal total reserves plus required reserves.
a. True
b. False
Indicate whether the statement is true or false
Question 2
The required reserve ratio is required reserves stated as a percentage of checkable deposits.
a. True
b. False
Indicate whether the statement is true or false
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Answer to Question 1
False
Answer to Question 2
True