[Answered] Excess reserves equal total reserves plus required reserves. a. True b. False Indicate whether ...

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Author Question: Excess reserves equal total reserves plus required reserves. a. True b. False Indicate whether ... (Read 162 times)

codyclark

Hero Member
Posts: 538

on: Jun 30, 2018

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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janeli1

Sr. Member
Posts: 330

Reply #1 on: Jun 30, 2018

Answer to Question 1

False

Answer to Question 2

True

codyclark

Member
Posts: 538

Reply 2 on: Jun 30, 2018

Excellent

phuda

Member
Posts: 348

Reply 3 on: Yesterday

Thanks for the timely response, appreciate it

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Author Question: Excess reserves equal total reserves plus required reserves. a. True b. False Indicate whether ... (Read 162 times)

codyclark

Excess reserves equal total reserves plus required reserves. a. True b. False Indicate whether ...

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janeli1

Excess reserves equal total reserves plus required reserves. a. True b. False Indicate whether ...

codyclark

phuda