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Assume a 5 percent desired reserve ratio and no currency leakages The potential money multiplier is 20 . (Simplify your answer.) How will total deposits
Assume a 5 percent desired reserve ratio and no currency leakages The potential money multiplier is 20 . (Simplify your answer.) How will total deposits in the banking system ultimately change if the Royal Bank receives $20,000 in new deposits? Select the correct choice below and, if necessary, fill in the answer box to complete your choice. O A. Total deposits in the banking system ultimately increase by $ (Enter your response as a whole number.) O B. Total deposits in the banking system ultimately decrease by $ (Enter your response as a whole number.) O C. Total deposits in the banking system ultimately do not change
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