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History, 27.05.2020 03:58 noriega16

Fiona deposits $2,000 into a savings account. If the Fed requires a 20 percent reserve ratio, how much of Fiona’s money can the bank lend? A. $400 B. $1,600 C. $2,000 D. $1,200

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Fiona deposits $2,000 into a savings account. If the Fed requires a 20 percent reserve ratio, how mu...
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