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-Refer to Table 10-1

Question 55

Multiple Choice

-Refer to Table 10-1. If $500 is deposited into the First Bank of Dawson City, what will happen? A) The bank will be able to make additional loans totalling $500. B) Excess reserves initially increase by $500. C) Required reserves initially increase by $10,000. D) Excess reserves initially increase by $400.
-Refer to Table 10-1. If $500 is deposited into the First Bank of Dawson City, what will happen?


A) The bank will be able to make additional loans totalling $500.
B) Excess reserves initially increase by $500.
C) Required reserves initially increase by $10,000.
D) Excess reserves initially increase by $400.

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