Abank has demand deposits of $10 000 000, its total actual reserves are $2 200 000andreserveratio is0.15 .If the reserve ratio changes to 0.12 what would be the effect on reserves and totalactual reserves,excess reserves remaining the same?

Select one:

a.1.200.000 , 1.900.000

b.1.400.000 , 2.100.000

c.1.300.000 , 1.800.000

d.1.100.000 , 1.600.000