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The central bank of Mordor has a [25%] reserve requirement. Rose deposits [$10,000] into her local, commercial bank in Mordor. How much will required reserves
The central bank of Mordor has a \[25\%\] reserve requirement. Rose deposits \[\$10,000\] into her local, commercial bank in Mordor. How much will required reserves increase as a result of this deposit? Choose 1 answer: Choose 1 answer: (Choice A) \[\$7{,}500\] A \[\$7{,}500\] (Choice B) \[\$250{,}000\] B \[\$250{,}000\] (Choice C) \[\$2{,}500\] C \[\$2{,}500\] (Choice D) \[\$10{,}000\] D \[\$10{,}000\] (Choice E) \[\$750{,}000\] E \[\$750{,}000\]
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