Loanshark Bank's Balance sheet Reserve ratio 6% Liabilities Demand Deposits 500,000 Assets Reserves 50,000 Securities 30,000 Loans 420,000 Based on Loanshark's balance sheet what are their actual reserves? O a $20,000 O b. $30,000 O c. $500,000 O d. $50,000 Based on Loanshark's balance sheet what are their desired reserves? O a $50,000 O b. $0 O c. $30,000 O d. $20,000 Based on Loanshark's balance sheet, what are their excess reserves? O a. $20,000 O b. $30,000 O c. $0 O d. $50,000 Based on Loanshark's balance sheet, how much new money can they create? O a $20,000 O b. 0 O c. $50,000 O d. $30,000 Based on the information provided in the balance sheet and a reserve ratio of 6% what is the money multiplier (round to two decimal places) O a 6 Ob 16.67 Oc 10 O d. 12.33 Based on Loanshark's balance sheet, how much new money can the entire banking system create? O a $334400 O b. $20,000 Oc$50.000 Od $500,000 If the reserve ratio increased, what would be the effect on the amount of new money the banking system could create? O a No change would occur O b. Decrease O cincrease