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6. Your bank, Lend and Spend, has set its reserve/deposit ratio at 0.28. The amount of money on deposit is $1 million with actual reserves

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6. Your bank, Lend and Spend, has set its reserve/deposit ratio at 0.28. The amount of money on deposit is $1 million with actual reserves of $500,000. This information tells us: A. your bank's reserves are too high so they can lend more. B. your bank's reserves are too low so they should lend less. C. your bank should begin increasing the amount of reserves. D. your bank has just the right of amount reserves and should not change anything

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