Refer to Table 3. If the reserve requirement is 25 percent, this bank

Group of answer choices

has $10,000 of excess reserves.

needs $12,500 more reserves to meet its reserve requirements.

needs $2,500 more reserves to meet its reserve requirements.

just meets its reserve requirement.

Table 3 Hometown Bank Assets Reserves Loans $25,000 $75,000 Liabilities Deposits $100,000