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Exhibit 15-3 Balance Sheet of Tucker National Bank Suppose

Question 189

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Exhibit 15-3 Balance sheet of Tucker National Bank Exhibit 15-3 Balance sheet of Tucker National Bank   Suppose Connie Rich deposits $100,000 into her checking account in the bank shown in Exhibit 15-3. The result would be a: A) $20,000 increase in excess reserves. B) $20,000 increase in required reserves. C) $100,000 increase in required reserves. D) zero change in required reserves. Suppose Connie Rich deposits $100,000 into her checking account in the bank shown in Exhibit 15-3. The result would be a:


A) $20,000 increase in excess reserves.
B) $20,000 increase in required reserves.
C) $100,000 increase in required reserves.
D) zero change in required reserves.

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