Multiple Choice
University National Bank Balance Sheet
-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 unplanned reserves were loaned out?
A) $528 million
B) $352 million
C) $232 million
D) $0
Correct Answer:

Verified
Correct Answer:
Verified
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