[Solved] Table 29-3. The First Bank of Johnson City

Question 201
Multiple Choice

Table 29-3.
The First Bank of Johnson City
-Refer to Table 29-3.Starting from the situation as depicted by the T-account,if someone deposits $500 into the First Bank of Johnson City,and if the bank makes new loans so as to keep its reserve ratio unchanged,then the amount of new loans that it makes will be

A) $320.
B) $400.
C) $680.
D) $750.

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