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Suppose the required reserve ratio is 10 percent, and banks hold no excess reserves. If an...

Suppose the required reserve ratio is 10 percent, and banks hold no excess reserves. If an individual withdraws $20 million from Bank Zip,

the amount of loans or bonds must increase by $18 million.
the amount of loans or bonds must decrease by $20 million.
the amount of loans or bonds must decrease by $18 million.
the amount of loans must decease by $20 million.
the amount of loans must increase by $20 million.
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