If Billy Bob's National Bank of Slingblade confronts a 10 percent reserve requirement and has excess reserves of $20,000, what is the maximum amount of additional loans that the bank can extend?

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The maximum amount of additional loans that the bank can extend is equal to its excess reserves, which is $20,000. This is because the bank can lend out its excess reserves without violating the reserve requirement.

If Billy Bob's National Bank of Slingblade Confronts a 10