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I need help on this homework questions Excess reserves O A. are reserves banks keep to meet the reserve requirement. O B. are loans made

I need help on this homework questions

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Excess reserves O A. are reserves banks keep to meet the reserve requirement. O B. are loans made at above market interest rates. O C. are the deposits that banks do not use to make loans. O D. are reserves banks keep above the legal requirement. Suppose the required reserve ratio is 12% and a bank has the following balance sheet: Assets Liabilities Reserves $2,000 Deposits $10,000 Loans $8,000 This bank keeps required reserves of $| | and excess reserves of $ ]. (Enter your responses as integers.)

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