[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 105 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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Marked as best answer by a Subject Expert

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

Wow, this really help

ecabral0

Member
Posts: 310

Reply 3 on: Yesterday

Gracias!

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