A presentation at Table 29-4. The First Bank of FairfieldAssets LiabilitiesReserves $1,000 in in California, USA by Ellie Smith
Table 29-4. The First Bank of Fairfield
Assets Liabilities
Reserves $1,000 Deposits $8,000
Loans 7,000
Refer to Table 29-4. If $800 is deposited into the First Bank ofFairfield, and the bank takes no other actions,its
A. liabilities will increase by $800.
B. reserves will increase by $100.
C. loans will increase by $800.
D. assets will decrease by $800.
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