Question: 6 4 Multiple Choice 1 point Assume that the required reserve ratio is 2 0 percent. A business deposits a $ 5 0 , 0

64 Multiple Choice 1 point
Assume that the required reserve ratio is 20 percent. A business deposits a $50,000 check at Bank A; the check is drawn against Bank B. What happens to the reserves at Bank A and Bank B?
increase by $10,000 at Bank A, and decrease by $50,000 at Bank B
increase by $50,000 at Bank A, and decrease by $50,000 at Bank B
increase by $10,000 at Bank A, and decrease by $10,000 at Bank B
Reserves stay the same in both banks.
6 4 Multiple Choice 1 point Assume that the

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