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Question 8 of 30 A bank has total reserve of $20 million. Of that, $2 million are required reserves and $18 million are excess reserves.

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Question 8 of 30 A bank has total reserve of $20 million. Of that, $2 million are required reserves and $18 million are excess reserves. In this scenario, how much can the back loan out? 0 A. $2 million 0 B. $18 million 0 C. $20 million 0 D. $22 million 0 E. None of these. SUBMIT

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