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July 31, 2014

Homework Help: investing 2-8

Posted by Johnny on Saturday, February 21, 2009 at 11:59pm.

The reserves of commercial banks must be held against
A. the bank as equity.
B. losses.
C. savings deposits.
D. commercial loans.

This one was confusing because it says held against. I would think it would need to be held against C. savings deposits.

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