e e e e nag nag nug nug 10 11 12 13 14 The required reserve ratio for Julie's bank is 10 percent If Julie deposits SOOO cash into her checking account, amount of new money could the bank create when it lends out its excess reserves? Select one: $1,000 $4,soo $500 $2,soo Clear my choice W,'hat is one ofthe main differences between a bank and a credit union? Select one: a. They underwrite ccmmerc:ial loans. Typically a credit union is owned and run try its members. Typically a bank is owned and run by its members A credit union has to be FDIC insured, but not banks The law of demand in the loanable funds market predicts a Select one: a. decrease in credit card issuance if the interest rate rises fall in consumer credit card use if the interest rate rises fall in consumer credit card use if the interest rate falls. a change in the law of supply The M2 money supply consists of everything in the MI money supply, savings deposits and which of the foll%'ing? Select one: a. certificates of depcsit long term debt personal checks bitcoin The most liquid source of money is Select one: O O b. d. Certificates of deposit MI Banering arrangements