Question: 6 4 Multiple Choice 1 point Assume that the required reserve ratio is 2 0 percent. A business deposits a $ 5 0 , 0
Multiple Choice point
Assume that the required reserve ratio is percent. A business deposits a $ check at Bank ; the check is drawn against Bank What happens to the reserves at Bank A and Bank B
increase by $ at Bank and decrease by $ at Bank
increase by $ at Bank and decrease by $ at Bank B
increase by $ at Bank A and decrease by $ at Bank B
Reserves stay the same in both banks.
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