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Test: AP Macroeconomics
1. | What is a reserve requirement? |
The amount of money that a bank donates to favorable politicians.
A medium of exchange.
A value threshold after which a nonperforming loan becomes a concern to a bank or other financial institution.
The percentage of cash that must be held by the bank and not loaned out or used to invest.
the ability to easily turn an asset into cash.
Alexander
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