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Reserves $2,000 Deposits $10,000 Loans 8.000 8. Refer to Table 6-3. Starting from the situation as depicted by the T-account, if someone deposits $500 into

Reserves $2,000 Deposits $10,000 Loans 8.000 8. Refer to Table 6-3. Starting from the situation as depicted by the T-account, if someone deposits $500 into the First Bank of Fairfield, and if the bank makes new loans so as to keep its reserve ratio unchanged, then the amount of new loans that it makes will be b. $400. a. $320. c. $680. d. $750

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