Which of the following statements, concerning the changes that take place, is correct if you were to make a $ 100 deposit into your checking account at Your Bank? The required reserve ratio is 0.08.
Your Bank has assets of checkable deposits of $ 100; and assets required reserves =$92; and excess reserves of $8.
Your Bank has assets of required reserves =$92; excess reserves =$8; and liabilities of checkable deposits of $ 100.
Your Bank has assets of required reserves =$8; excess reserves =$ 92; and liabilities of checkable deposits of $ 100.
Your Bank has assets of checkable deposits of $ 100; and assets required reserves =$8; and excess reserves of $92.