Multiple Choice
Table 14-2
-Refer to Table 14-2.Suppose a transaction changes a bank's balance sheet as indicated in the following T-account,and the required reserve ratio is 10 percent.As a result of the transaction,the bank can make a maximum loan of
A) $0.
B) $800.
C) $7,200.
D) $8,000.
Correct Answer:

Verified
Correct Answer:
Verified
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