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Business, 31.12.2019 03:31 ratpizza

If the required reserve ratio is 0.08, a bank can lend out:
a) 8 percent of its deposits.
b) 8 percent of its reserves
c) 92 percent of its deposits.
d) 92 percent of its reserves.

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Answers: 3

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If the required reserve ratio is 0.08, a bank can lend out:
a) 8 percent of its deposits.
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