Table 13.3B

ASSETS

Bank One

r = 3%

Reserves

$45,000

Securities

49,000

Loans

116,000

LIABILITIES

Demand Deposits

$210,000

Refering to Table 13.3B, the bank's desired reserves are:

Select one:

a.1,470

b.6,300

c.3,480

d.1,350