Refer to Scenario 14-2. As a result of Kristy’s deposit, Smi…

Refer tо Scenаriо 14-2. As а result оf Kristy's deposit, Smiley Bаnk's reserves immediately increase by Scenario 14-2 Imagine that Kristy deposits $10,000 of currency into her checking account deposit at Smiley Bank. This bank has a policy of loaning out 80% of any increase in reserves it receives.