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Business, 31.03.2020 04:41 edjiejwi

In the nation of Wiknam, the money supply is $80,000 and reserves are $18,000. Assuming that people hold only deposits and no currency, and that banks hold no excess reserves, then the reserve requirement is Group of answer choices 29 percent. 22.5 percent. 16 percent. None of the above is correct.

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In the nation of Wiknam, the money supply is $80,000 and reserves are $18,000. Assuming that people...
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