Arrange the following steps in the correct order to illustrate how reserve requirements influence the money creation process in banks: A) A bank receives a deposit, B) The bank calculates the reserve requirement, C) The bank lends out the remaining amount, D) The money supply in the economy increases.

To understand how reserve requirements influence money creation in banks, we start with the bank receiving a deposit. After receiving this deposit, the bank calculates the reserve requirement, which is the minimum amount of money it must keep on hand and not lend out. Once this calculation is done, the bank can lend out the remaining amount, which is the money that exceeds the reserve requirement. When the bank lends this money, it circulates in the economy, leading to an increase in the overall money supply. For example, if a bank receives a $1,000 deposit and has a reserve requirement of 10%, it keeps $100 and can lend out $900, contributing to more money available in the economy.