A bank that has assets of $70 billion and a net worth of $20 billion must have Multiple Choice liabilities of $50 billion. excess reserves of $20 billion. liabilities of $20 billion. excess reserves of $50 billion.
A bank that has assets of $70 billion and a net worth of $20 billion must have Multiple Choice liabilities of $50 billion. excess reserves of $20 billion. liabilities of $20 billion. excess reserves of $50 billion.
Chapter25: Money Creation
Section: Chapter Questions
Problem 2SQ
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A bank that has assets of $70 billion and a net worth of $20 billion must have
Multiple Choice
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excess reserves of $20 billion. -
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