Table 10-1
-Refer to the Table 10-1.If $400 is deposited into the First Bank of Dawson City,what will happen?
A) The bank will be able to make additional loans totalling $400.
B) Excess reserves initially increase by $400.
C) Required reserves initially increase by $8000.
D) Excess reserves initially increase by $340.

Question

Table 10-1 
-Refer to the Table 10-1.If $400 is deposited into the First Bank of Dawson City,what will happen?
A) The bank will be able to make additional loans totalling $400. 
B) Excess reserves initially increase by $400. 
C) Required reserves initially increase by $8000. 
D) Excess reserves initially increase by $340.

Quizplus · Accepted Answer

The Answer of Table 10-1 
-Refer to the Table 10-1.If $400 is deposited into the First Bank of Dawson City,what will happen?
A) The bank will be able to make additional loans totalling $400. 
B) Excess reserves initially increase by $400. 
C) Required reserves initially increase by $8000. 
D) Excess reserves initially increase by $340.

Table 10-1 -Refer to the Table 10-1.If $400 Is Deposited into the Deposited