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A bank has 100 million dollars in deposits and $10 million dollars in reserves. The...

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Finance

A bank has 100 million dollars in deposits and $10 million dollars in reserves. The required reserve ratio is 10%. There is a deposit outflow of $11 million. What is the shortfall in reserves?

A. -$11.00

B. $0.00

C. $1.10

D. -$9.90

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