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Business, 02.12.2019 23:20 logan127

Wahoo bank has $800 million in total deposits, $80 million worth of cash in the bank's vault, and $20 million in wahoo bank's account at the federal reserve. if the required reserve ratio is 10%, what amount of excess reserves does wahoo bank have?
a. none
b. $20 million.
c.-s60 million.
d. none of the above.

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