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If Bank A's total reserves are $10.8 million, its excess reserves are $4.60 million, and the required reserve ratio is 4%, then Bank A's required

If Bank A's total reserves are $10.8 million, its excess reserves are $4.60 million, and the required reserve ratio is 4%, then Bank A's required reserves equal ________________ and its total deposits equal ____________________.

Group of answer choices

$6.2 million; $105 million

$6.6 million; $165 million

$6.6 million; $270 million

$6.1 million; $122 million

$6.2 million; $155 million

Table 15 shows the balance sheet of the Tenth National Bank

Assets

Liabilities

Reserves $621

Deposits $4,600

Loans $3,979

Total: $4,600

Total: $4,600

Refer to Table 15. Assume that this bank lends out its entire excess reserves. If Jerry deposits $486 of cash in a checking account in the Tenth National Bank, what's the maximum change in the money supply in the economy?

Group of answer choices

$486

$1,107

$3,600

$3,800

$4,200

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