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11) Refer to Scenario 16-2. As a result of Kristy’s deposit, checking account deposits in the banking system as a whole (including the original deposit) could eventually increase up to a maximum of A) $8,000. B) $10,000. C) $50,000. D) $100,000. 12) If the required reserve ratio is 10 percent, an increase in bank reserves of $1,000 can support an increase in checking account deposits (including the original deposit) in the banking system as a whole of up to A) $100. B) $1,000. C) $10,000. D) $100,000. 13) Suppose you withdraw $500 from your checking account deposit and bury it in a jar in your back yard. If the required reserve ratio is 10 percent, checking account deposits in the banking system as a whole could drop up to a maximum of A) $0. B) $50. C) $500. D) $5,000. 14) If the required reserve ratio (RR) is 20 percent, the simple deposit multiplier is A) 2. B) 5. C) 10. D) 20. 15) Suppose that you deposit $2,000 in your bank and the required reserve ratio is 10 percent. The maximum loan your bank can made as a direct result of your deposit is A) $200. B) $1,800. C) $2,000. D) $20,000.   16) Refer to Table 16-1. Suppose a transaction changes a bank’s balance sheet as indicated in the T-account, and the required reserve ratio is 10 percent. As a result of the transaction, the bank has excess reserves of A) $0. B) $400. C) $3,600. D) $4,000.   17) Refer to Table 16-2. Suppose a transaction changes a bank’s balance sheet as indicated in the following T-account, and the required reserve ratio is 10 percent. As a result of the transaction, the bank can make a maximum loan of A) $0. B) $800. C) $7,200. D) $8,000.   18) Refer to Table 16-3. Consider the following simplified balance sheet for a bank: If the required reserve ratio is 10 percent, the bank can make a maximum loan of A) $2,000. B) $5,000. C) $6,300. D) $45,000. 19) Banks can continue to make loans until their A) actual reserves equal their required reserves. B) excess reserves equal their required reserves. C) actual reserves equal their excess reserves. D) actual reserves equal their checking account balances. 20) Suppose Warren Buffet withdraws $1 million from his checking account at Chase Manhattan Bank. If the required reserve ratio is 20 percent, what is the maximum change in deposits in the banking system? A) -$5 million B) -$4 million C) -$200,000 D) $1 million E) $5 million

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