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Author Question: Refer to the information provided in Table 25.8 below to answer the question(s) that follow. Refer ... (Read 53 times)

jhjkgdfhk

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Question 1

Refer to the information provided in Table 25.8 below to answer the question(s) that follow.












Refer to Table 25.8. Alamo Bank could make additional loans of $750,000, if the required reserve ratio were


◦ 12.5%.
◦ 10%.
◦ 7.5%.
◦ 2.5%.

Question 2

Refer to the information provided in Table 25.8 below to answer the question(s) that follow.












Refer to Table 25.8. If the required reserve ratio were changed to 10% and Alamo Bank continues to hold $1,200,000 in reserves, its excess reserves will be


◦ $150,000.
◦ $300,000.
◦ $600,000.
◦ $900,000.


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Marked as best answer by jhjkgdfhk on Apr 19, 2019

anoriega3

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