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Suppose a bank has $500,000 in deposits and a required reserve ratio of 10 percent. then required reserves are

Suppose a bank has $500,000 in deposits and a required reserve ratio of 10 percent. then required reserves are
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Suppose a bank has $500,000 in deposits and a required reserve ratio of 10 percent. then required reserves are

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User Priyanka V
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1 Answer

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the required reserves are 50,000
i hope i helped and good luck :)
answered
User Hodale
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