Question: Assume there was a new $100,000 deposit into a checking account at a bank.
a. What would be the resulting excess reserves created by that deposit if banks faced a reserve requirement of
![193_Percent.png](https://secure.tutorsglobe.com/CMSImages/193_Percent.png)
b. How many additional dollars could that bank lend out as a result of that deposit if banks faced a reserve requirement of
![866_Percent 1.png](https://secure.tutorsglobe.com/CMSImages/866_Percent 1.png)
c. How many additional dollars of money could the banking system as a whole create in response to such a new deposit if banks faced a reserve requirement of
![1508_Percent 2.png](https://secure.tutorsglobe.com/CMSImages/1508_Percent 2.png)