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Ifa bank docides that it wants to hold $ 1 million of exoass reserves, what offoct will this have on chockablo deposits in the banking
Ifa bank docides that it wants to hold $ million of exoass reserves, what offoct will this have on chockablo deposits in the banking systom? Assumo that the required reserve ratio on checkable deposits is and the public's holdings of currency do not changoA. Chockable deposits docline by $ million.O B Checkable deposits docline by $ millionOC. Chockable deposits decline by $OD Checkable doposits do not change.
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