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【单选题】
Suppose the Fed requires banks to hold 10 percent of their deposits as reserves. A bank has $20,000 of ex-cess reserves and then sells the Fed a Treasury bill for $9,000. How much does this bank now have to lend out if it decides to hold only required reserves?
A.
$29,000
B.
$28,100
C.
$19,100
D.
$11,000
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