The balance sheet below is for the First Federal Bank. Assume the required reserve ratio is 20 percent.





Refer to the above information. This bank can safely expand its loans by a maximum of:



A. $20,000



B. $40,000



C. $100,000



D. $200,000


B. $40,000

Economics

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A worker who loses a job at a call center because business firms switch the call center to another country is an example of:

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