Exhibit 19-1 Balance sheet of First Iliad State Bank 
In Exhibit 19-1, if the required reserve ratio is lowered to 5 percent, First Iliad State will be able to make additional loans worth:
A) $9,000,000.
B) $1,500,000.
C) $500,000.
D) $1,000,000.
E) $450,000.
Correct Answer:
Verified
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