Multiple Choice
Table 13-1
-Refer to Table 13-1.If someone deposits $400 into the First Bank of Mason City,
A) the bank will be able to make additional loans totaling $320.
B) excess reserves initially increase by $320.
C) required reserves initially increase by $80.
D) all of the above are correct.
Correct Answer:

Verified
Correct Answer:
Verified
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