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Question 67

The sum of #80,000.00 is deposited in a bank and the cash ration of the banking system is 10% calculate the total sum of money the bank can create for the deposit

  • A. #100,000
  • B. #800,000
  • C. #1,000,000
  • D. absolute cost
Objective

Question details

Exam body
BUK
Subject
Economics
Year
2012/2013
Question no.
#67
Type
Objective
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