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  • 18-11-2022
  • Business
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Refer to the data. Suppose that this bank currently has $6 million in excess reserves and that customers of this bank collectively write checks for cash at the bank in the amount of $6 million. As a result, the bank's excess reserves diminish to:

A) $0.

B) $6 million.

C) $0. 72 million.

D) $0. 84 million

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