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Ise the information below to answer the following questions. Fact 8.4.2 The Bank of Hobbiton has chosen the following initial balance sheet: Assets Liabilities Reserves

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Ise the information below to answer the following questions. Fact 8.4.2 The Bank of Hobbiton has chosen the following initial balance sheet: Assets Liabilities Reserves $100 Deposits $2,000 Loans $1.900 $2.000 Refer to Fact 8.4.2. Based on the Bank of Hobbiton's initial balance sheet, what is its desired reserve ratio? Select one: A 100 percent B. 10 percent C. 20 percent D. 5 percent E cannot be calculated with the available information

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