A single bank with $10,000 of reserves and a reserve ratio of 25 percent could support total transactions account balances of at most
A. $25,000.
B. $5,000.
C. $10,000.
D. $40,000.
Answer: D
Economics
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Which of the following is a certificate of indebtedness?
a. stocks and bonds b. stocks but not bonds c. bonds but not stocks d. neither stocks nor bonds
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