Scenario 16-2 Imagine That Kristy Deposits $10,000 of Currency into Her Checking

question 87

Multiple Choice

Scenario 16-2
Imagine that Kristy deposits $10,000 of currency into her checking account deposit at Bank A and that the required reserve ratio is 20%.
-Refer to Scenario 16-2.As a result of Kristy's deposit,checking account deposits in the banking system as a whole (including the original deposit) could eventually increase up to a maximum of

• A) $8,000.
• B) $10,000.
• C) $50,000.
• D) $100,000.

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An individual or company that has been granted the right by a franchisor to use a specific business trademark, model, or formula in a particular location.

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Payments made to the owners of intellectual property, such as authors and inventors, for the use of their work.

Franchising

A business model that allows individuals or entities to operate a branch of an established company with its brand and business strategy.

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Companies or enterprises that are located within the United States of America and are subject to its regulations and economic policies.