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Table 10-1 First Bank of Dawson City Assets: Liabilities: Reserves $20.00 Deposits $100.00 Loans $80.00 Refer to the above table. If $1000 is deposited into
Table 10-1 First Bank of Dawson City Assets: Liabilities: Reserves $20.00 Deposits $100.00 Loans $80.00 Refer to the above table. If $1000 is deposited into the First Bank of Dawson City, what will happen? Question 1 Answer a. Assets will increase by $1000. b. Reserves will decrease by $800. c. Reserves will increase by $800. d. Liabilities will decrease by $1000
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