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Suppose virginia withdrew 10000 from her bank if the

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Suppose Virginia withdrew $10,000 from her bank. If the reserve ratio is 2 percent theen this transaction willl lead to decreasing ____ in checking account balance.

A. $2,000

B. $10,000

C. $20,000

D. $50,000

Explain in economic theory

Reference no: EM13377745

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