Scenario 10.2 Imagine That Kristy Deposits $10,000 of Currency into Her Chequing

question 226

Multiple Choice

Scenario 10.2
Imagine that Kristy deposits $10,000 of currency into her chequing account deposit at Bank A and that the desired reserve ratio is 20%.
-Refer to Scenario 10.2.As a result of Kristy's deposit, Bank A's excess reserves increase by

• A)$2,000.
• B)$8,000.
• C)$10,000.
• D)$40,000.
• E)$50,000.

---

Definitions:

Outcome of Crisis

The resolution or final consequences resulting from a period of significant challenge, change, or instability.

Initiative

The ability to assess and initiate things independently, often taking charge in situations or starting something new without being prompted.

Locus of Control

A psychological concept that refers to individuals' beliefs about the extent to which the outcomes of their actions are under their own control (internal locus) or beyond their control (external locus).

Concept Comparison

Refers to the process of evaluating similarities and differences between ideas, theories, or constructs within a particular field of study.