If Matt Taylor gets his $800 loan from the Paris First National Bank in cash rather than in the form of a new checkable deposit, the:
A. Paris First National Bank will get $800 in new reserves.
B. Paris First National Bank will not get $800 in new reserves.
C. assets of the Paris First National Bank will increase by $800.
D. assets of the Paris First National Bank will decease by $88.
Answer: B
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