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Table 16-3. -Refer to Table 16-3. If $1,000 Is Deposited into the Deposited

Question 320

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Table 16-3. Table 16-3. -Refer to Table 16-3. If $1,000 is deposited into the First Bank of Fairfield, and the bank takes no other actions, its A) reserves will increase by $200. B) liabilities will decrease by $1,000. C) assets will increase by $1,000. D) reserves will increase by $800.
-Refer to Table 16-3. If $1,000 is deposited into the First Bank of Fairfield, and the bank takes no other actions, its


A) reserves will increase by $200.
B) liabilities will decrease by $1,000.
C) assets will increase by $1,000.
D) reserves will increase by $800.

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