If the reserve requirement is 10 percent and then someone deposits $50,000 into the bank, it will
A. have $65,000 in excess reserves.
B. have $55,000 in excess reserves.
C.     need to raise reserves by $5,000.
D. None of the above are correct.
Answer:B
If the reserve requirement is 10 percent and then someone deposits $50,000 into the bank, it will
A. have $65,000 in excess reserves.
 B. have $55,000 in excess reserves.
 C.     need to raise reserves by $5,000.
 D. None of the above are correct.
