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Scenario 10.2 Imagine that Kristy deposits $10,000 of currency into her chequing account deposit at Bank A and that the desired reserve ratio is 20%.
Scenario 10.2 Imagine that Kristy deposits $10,000 of currency into her chequing account deposit at Bank A and that the desired reserve ratio is 20%. Refer to Scenario 10.2. As a result of Kristy's deposit, chequing account deposits in the banking system as a whole (including the original deposit) could eventually increase up to a maximum of Question 35 options: $8,000. $10,000. $50,000. $100,000. $500,000
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