QUESTION $17$

Suppose the total money supply equals $$1\mathrm{.}2$ trillion, and the deposit to currency ratio is $0\mathrm{.}6$ and the bank reserves plus cash in circulation equal $$600$ billion dollars. What is the reserve deposit requirement?

A$.10\%$

B$.2\%$

C$.5\%$

D$.50\%$

E$.20\%$