Exhibit 14-2
Exhibit 14-2 -Refer to Exhibit 14-2

question 162

Multiple Choice

Exhibit 14-2
Exhibit 14-2
$$\begin{array}{l}\text { COUNTYBANK}\\\begin{array} {lll } &\text { assets}&&\text {Liabilities and Net Worth }\\\hline \text {cash }&&\text {+\$ 1,000 Checkable deposits }&&+\$1,000\\\end{array}\end{array}$$
-Refer to Exhibit 14-2.By how much can this bank alone now increase its lending? Assume a required reserve ratio of 10 percent.

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Definitions:

Grimké Sisters

Sarah and Angelina Grimké, 19th-century American advocates for abolitionism and women's rights.

Abolition Movement

A historical campaign, especially in the 18th and 19th centuries, aimed at ending the practice of slavery and the slave trade.

Abolitionists

Individuals who advocated for the immediate end of slavery and the emancipation of slaves in the 18th and 19th centuries.

Abraham Lincoln

The 16th President of the United States, remembered for leading the country during the Civil War and issuing the Emancipation Proclamation, which began the process of freedom for America's slaves.