-The above table has the balance of the University National Bank. All figures are in millions of dollars. The desired reserve ratio is 20 percent. What would be the total increase in loans at this bank if all excess reserves were loaned out?
A) $0
B) $600 million
C) $1,160 million
D) $232 million

Question

-The above table has the balance of the University National Bank. All figures are in millions of dollars. The desired reserve ratio is 20 percent. What would be the total increase in loans at this bank if all excess reserves were loaned out?
A) $0 
B) $600 million 
C) $1,160 million 
D) $232 million

Quizplus · Accepted Answer

The Answer of 
-The above table has the balance of the University National Bank. All figures are in millions of dollars. The desired reserve ratio is 20 percent. What would be the total increase in loans at this bank if all excess reserves were loaned out?
A) $0 
B) $600 million 
C) $1,160 million 
D) $232 million

-The Above Table Has the Balance of the University National