Table 122 -Refer to Table 12

question 41

Multiple Choice

Table 12.2
$\begin{array}{c}\text { Balance Sheet }\\\quad\quad\quad\text { Assets } \quad\quad\quad\quad\quad\quad\quad\quad \text { Liabilities }\\\begin{array}{|c|c|c|c|}\hline\text { Cash } & \$ 5,000 & \begin{array}{c}\text { Demand } \\\text { Deposits }\end{array} & \$ 20,000 \\\hline \text { Loans } & 15,000 & & \\\hline \text { Total Assets } & \$ 20,000 & \text { Total Liabilities } & \$ 20,000 \\\hline\end{array}\end{array}$


-Refer to Table 12.2. If the reserve requirement is 12 percent and the bank receives a new deposit of $10,000, then required reserves will increase by _____.

• A) $3,600
• B) $2,400
• C) $2,600
• D) $2,800
• E) $1,200

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Definitions:

Macro-level Sociology

examines societal dynamics and structures at a large scale, focusing on social systems, institutions, and populations rather than individual behaviors.

Macro-level Structures

Large-scale social structures and institutions that shape the patterns and behaviors of social life, including economy, government, and education systems.

Symbolic Interaction

A sociological perspective focusing on how individuals interpret and respond to the symbolic meanings in their social interactions.

Joint Actions

Activities or operations carried out by two or more parties working together towards a common goal.