Refer to the Information Provided in Table 10

Multiple Choice

Refer to the information provided in Table 10.5 below to answer the questions that follow.
Table 10.5
-Refer to Table 10.5. The required reserve ratio is 10%. If the Bloomington Bank is meeting its reserve requirement and has no excess reserves, its reserves equal

A) $50.
B) $70.
C) $120.
D) $170.