Say the required reserve ratio is 20 percent. If you pay back a loan of $10,000 a bank had previously made to you, the act of paying back the loan:
a. adds $2,000 in bank reserves

b. adds $10,000 in bank reserves.
c. eliminates $2,000 in bank reserves.
d. eliminates $10,000 in bank reserves.


b

Economics

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Why do airlines often charge students and vacationers a lower price than business travelers?

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