Bank One Has Reserves of $100,000,government Securities of $200,000,loans of $700,000,and

Multiple Choice

Bank One has reserves of $100,000,government securities of $200,000,loans of $700,000,and checkable deposits of $800,000.If the desired reserve ratio is 10 percent,Bank One can make additional loans totaling

A) $0.00.
B) $10,000.
C) $20,000.
D) $80,000.
E) $100,000.