3. The two banks shown below are part of the multibank system. Bank of Duke is the only bank with ER+ 0. Also checks written on Bank of Duke accounts are deposited in Bank of Brutus. a. What is the reserve ratio? _ b. What is the maximum loan that Bank of Duke can make? c. Bank of Duke makes the maximum loan possible. Show the changes caused by making the loan (before any checks are written on BoD accounts) in the Bank of Duke intermediate T account. Bank of Duke Bank of Brutus Assets Liabilities & Net Worth Assets Liabilities & Net Worth RR 500 Deposit 2000 RR 250 Deposit 1000 ER 200 ER 0 Loan 1300 Loan 750 Bank of Duke-Intermediate T Account Assets Liabilities & Net Worth Deposit Loan d. Now show the effects on the T accounts of both banks when a check for the maximum loan written on the account at Bank of Duke is deposited in Bank of Brutus. Assume the check is cleared by the Central Bank. Show the changes only in the Central Bank's T account. Bank of Duke Bank of Brutus Assets Liabilities & Net Worth Assets Liabilities & Net Worth RR Deposit RR Deposit ER ER Loan Loan Central Bank Assets Liabilities & Net Worth e. What is the maximum loan that Bank of Brutus can make