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What will be the demand deposit if the cash reserve ratio is 28.5% and the cash reserve are 1200?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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What will be the demand deposit if the cash reserve ratio is 28.5% and the cash reserve are 1200?

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