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Table 122 Refer to Table 12

Question 65

Multiple Choice

Table 12.2 Table 12.2   Refer to Table 12.2.If the reserve requirement is 12 percent and the bank receives a new deposit of $10, 000, then required reserves will increase by _____. A) $3, 600 B) $2, 400 C) $2, 600 D) $2, 800 E) $1, 200 Refer to Table 12.2.If the reserve requirement is 12 percent and the bank receives a new deposit of $10, 000, then required reserves will increase by _____.


A) $3, 600
B) $2, 400
C) $2, 600
D) $2, 800
E) $1, 200

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