6. The country of Littleton has total printed currency of $100 and banks have a reserve ratio of 5%. What is the total money supply in Littleton? A. $5 B. $100 C. $500 D. $2000 7. The country of Middleton has a total printed currency of $1,000 and the money supply is $100,000. What is the money multiplier? A. .001 B. 1 C. 100 D. 1000 A bank has $100 in reserves, $500 in loans, $300 in deposits, and $200 in debt. Which of the following is true: A. Owners equity is $0 B. The bank is insolvent C. Owners equity is $100 D. Owners equity is $400 9. First National Bank owns $1,000 worth of Bitcoin. Then, the value of bitcoin doubles. What happens? A. Owners equity doubles B. Owners equity increases by $1,000 C. Liabilities decrease by $1,000 D. Liabilities increase by $1,000 10. First National Bank owns $1,000 worth of Bitcoin. Then, the value of bitcoin doubles. How does this affect the bank's leverage ratio? A. Leverage ratio increases B. Leverage ratio decreases C. Leverage ratio is unchanged