The Figures in the Table Below Are for a Single

Multiple Choice

The figures in the table below are for a single commercial bank. All figures are in thousands of dollars. Refer to the data given above. If the reserve ratio is 10 percent and a check for $10,000 is drawn and cleared in favor of another bank, then the actual reserves of the bank above will:

A) Still be $40,000
B) Decrease $10,000
C) Decrease $11,000
D) Decrease $9,000