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23 August, 14:22

The reserve ratio refers to the ratio of a bank's

a. checkable deposits to its total liabilities.

b. capital stock to its total assets.

c. required reserves and vault cash to its checkable deposits.

d. reserves to its liabilities and net worth.

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  1. 23 August, 14:37
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    c. required reserves and vault cash to its checkable deposits.
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