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Business, 02.07.2020 20:01 ashrobbb

g The Bank of Last Resort has a reserve requirement of .12. If it has demand deposits of $100,000 and is holding $12,000 in reserves, therefore:Group of answer choicesall reserves the bank is holding are required. the bank is holding $2,000 in excess reserves. the bank is not meeting its reserve requirement. all reserves the bank is holding are excess reserves.

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