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An individual deposits $12,000 in a commercial bank. The bank is required to hold 10 percent of all deposits on reserve at the regional Federal Reserve Bank. The deposit increases the loan capacity of the bank by:

A. $11,000
B. $10,800
C. $9,600
D. $6,000

User Cduruk
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1 Answer

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Final answer:

After a $12,000 deposit, a bank with a 10 percent reserve requirement must hold $1,200 in reserves and can lend out the remaining $10,800, increasing its loan capacity by that amount.

Step-by-step explanation:

The question is about how a bank's loan capacity is affected when an individual deposits money, given a certain reserve requirement set by the Federal Reserve. If an individual deposits $12,000 in a commercial bank and the bank is required to hold 10 percent as reserves, it must retain $1,200 (10% of $12,000) and can lend out the remaining amount. This means the loan capacity of the bank would increase by $10,800 (90% of $12,000), since this is the amount available for the bank to loan out after holding the required reserves. The correct answer is B. $10,800.

User Scott Harvey
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