Scenario 14-2 Imagine That Kristy Deposits $10,000 of Currency into Her Checking

question 230

Multiple Choice

Scenario 14-2
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 14-2.As a result of Kristy's deposit,Bank A's reserves immediately increase by

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

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Definitions:

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