First National Bank (FNB)has a Reserve Ratio of 20 Percent,a

Multiple Choice

First National Bank (FNB) has a reserve ratio of 20 percent,a required reserve ratio of 10 percent,and deposits of $1,000.If FNB receives an additional deposit of $100,

A) then it has required reserves of $210 and holds excess reserves of $10.
B) then it has required reserves of $10 and holds excess reserves of $20.
C) then it has required reserves of $110 and holds excess reserves of $190.
D) then it has required reserves of $110 and holds excess reserves of $0.