The financial system, Bangko Sentral ng Pilipinas, and financial institutions explain its importance in our economy. Apparently, in the banking industry, these are not just plain words but, in reality, face many challenges. In this activity, we will require you to conclude these learning's and how important it is in our economy. I will supply the first item, and you will continue the next.

1. When a bank takes in additional deposits, it gains an equal amount of reserves; when it pays out deposit, it loses an equal amount of reserves. Now it's your turn.

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