If the money supply is $1 billion, the reserve requirement is 10%, and currency holding $50 million, then reserves are
a. $50 million.
b. $100 million.
c. $20 million.
d. $40 million.
e. none of the above
A
Economics
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a. True b. False
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a. True b. False Indicate whether the statement is true or false
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What will be an ideal response?
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