74. After Aunt Thelma passes away, the members of her family find $1,000 that has been hidden...
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74. After Aunt Thelma passes away, the members of her family find
$1,000 that has been hidden in the toaster for many years. They deposit the $1,000 into a new checking account. If banks have a reserve requirement of 0.05, this deposit of $1,000 could eventually increase demand deposits by:
A. $20,000 B. $5,000 C. $10,000 D. $1,000
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