Multiple Choice
The following table shows a T-account for Bank A in a new economy.
-Refer to the table above.If Bank A maintained the same reserve ratio,but its deposits increased to $15,000,how much in reserves must the bank now hold?
A) $2,050
B) $2,135
C) $3,150
D) $3,850
Correct Answer:

Verified
Correct Answer:
Verified
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