If you go into a bank which faces a 10% required reserve ratio and borrow $1,000, the bank will ____ your checking account at the bank.
A) add $1,000 to
B) subtract $1,000 from
C) add $5,000 to
D) subtract $5,000 from
Correct Answer:
Verified
Q218: Credit card balances are:
A)included in both M1
Q219: A bank receives a demand deposit of
Q220: A decrease in savings deposits would _
Q221: If you deposit $20,000 in cash into
Q222: Money is destroyed when:
A)new loans are made.
B)the
Q224: What are the inherent disadvantages of a
Q225: Which of the following is true?
A)Checking account
Q226: Ceteris paribus, expanding loans made by the
Q227: Which of the following is true?
A)Actual reserves
Q228: Which of the following is true?
A)A majority
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