If a customer deposits $10,000 in currency into a checking account, the bankʹs total reserves
)
A) decrease
B) are greater than 100 percent
C) do not change
D) increase

Question

Quizplus · Accepted Answer

When a customer deposits $10,000 in currency into a checking account, the bank's total reserves increase. This is because the bank now has more currency on hand, which increases its reserves.

If a Customer Deposits $10,000 in Currency into a Checking