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Assume the required reserve ratio is 20%.A Bank has the balance sheet shown at below: AssetsLiabilities Reserves = $70 millionDeposits = $300 million Loans =

Assume the required reserve ratio is 20%.A Bank has the balance sheet shown at below:

AssetsLiabilities

Reserves = $70 millionDeposits = $300 million

Loans = $222 million

Securities = $8 million

This bank can

Select one:

A. not make any more loans.

B. loan up to $50 million more.

C. loan up to $70 million more.

D. loan up to $8 million more

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