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Test: AP Macroeconomics
1. | What is a reserve requirement? |
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 amount of money that a bank donates to favorable politicians.
the ability to easily turn an asset into cash.
Julia
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