ScholarMatic: Explanation & Answer
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when 1$ million is desposited at a bank , the required reserve ratio 20 precent , and the bank choose not to make any loans nut to hold excess reserves instead , then , in the bank’s final balance sheet ;
A) the assets at the bank increase by 1$ million.
B) the liabilites of the bank decrease by 1 $ million .
C) reserves increase by 200,000 $.
D) liabilities increase by 200,000 $ .
ScholarMatic: Explanation & Answer
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