If a bank receiving a new deposit of $385,750 would be able, as a result, to increase their lending by at most $231,450, then the deposit expansion multiplier equals:

Group of answer choices

0.4

4

5

2.5

12.5

If a bank gets a $345,000 new deposit, chooses to lend out $262,000, and increases its excess reserves by $49,880 at the same time, then the required reserve ratio is:

Group of answer choices

11%

13%

15%

12.8%

9.6%