1. - Given the 0%/3%/10% Required Reserve bracketed levels in our text as discussed (The Reserve Requirement), if a bank has $107,000,000 of deposited reserves, how much of those reserves may they lend? (Hint, first compute how much they must hold back in reserve) Select one: a. there is not enough information to calculate the amount b. $96,300,000 c. $102,237,000 d. $107,000,000 2. -The Federal Reserve introduces $15,000,000 of new money into the monetary system. The flat Required Reserve rate on deposited reserves is 4%. The amount of new money that will be created as a result is approximately: Select one: a. $375 million b. $20.5 million c. $37.5 million d. $360 million