Exhibit 19-3 Balance sheet of Tucker National Bank
-Suppose Connie Rich deposits $100,000 into her checking account in the bank shown in Exhibit 19-3.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.
Correct Answer:
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