Business, 09.12.2021 15:00 ReaFam

A commercial bank has excess reserves of $10,000 and a required reserve ratio of 20 percent. It grants a loan of $8,000 to a customer, who then writes out a check for $8,000 that is deposited in another bank. The first bank will find its reserves decrease by Multiple Choice $2,000. $3,000. $1,600. $8,000.

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A commercial bank has excess reserves of $10,000 and a required reserve ratio of 20 percent. It gran...

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