Table 13.3DBank One

ASSETS

Reserves

$45,000

Securities

49,000

Loans

116,000

LIABILITIES

Demand Deposits

$200,000

Refering to Table 13.3D, if r=20%, the maximum amount the banking system can create is:

Select one:

a.250,000

b.5,000

c.25,000

d.4,500,000