-The Above Table Gives the Initial Balance Sheet for Mega

Multiple Choice

-The above table gives the initial balance sheet for Mega Bank. Barney comes into the bank and deposits $50 of currency into his checking account. The desired reserve ratio is 3 percent. After Barney's deposit, but before any other actions occur, MegaBank will have excess reserves of

A) $15.00.
B) $33.00.
C) $48.50.
D) $50.00.