Refer to the Information Provided in Scenario 25

question 19

Multiple Choice

Refer to the information provided in Scenario 25.1 below to answer the question(s) that follow.
SCENARIO 25.1: The following table shows the changes in deposits, reserves, and loans of 4 banks as a result of a $100,000 initial deposit in Bank No. 1. Assume all banks are loaned up.
-Refer to Scenario 25.1. If the required reserve ratio were changed to 10%, total loans of Bank No. 2 will change to

• A) 77,400.
• B) 81,000.
• C) 85,000.
• D) 90,000.

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Definitions:

Sales Message Techniques

Strategies used to craft messages that effectively promote and persuade customers to buy a product or service.

Business Messages

Any form of communication used in a professional setting to convey information, decisions, or updates.

Persuasive Tactics

Strategies or methods employed to convince others to agree with one's views, accept a proposal, or take action.

Emotional Appeals

A persuasive technique that targets the emotions of the audience to elicit a response or convince them of an argument.