If you withdraw $3,500 from your checking account and the required reserve ratio is 16 percent, then the bank's Instructions: Enter your responses as a whole number. a. Total deposits rise by $ 3500 b. Required reserves rise vby $ 455 c. Excess reserves rise v by $ 3045 If you deposit a $2,000 check in your checking account and the required reserve ratio is 16 percent, then the bank's Instructions: Enter your responses as a whole number. d. Total deposits fall v by $ 2000 e. Required reserves fall vby $ 260 f. Excess reserves fall by $ 1740

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