TerpBank holds 9 mio USD in reserves. The reserve requirement is 10%. Which of the following statements is false?

A.

If TerpBank has 9 mio USD of its liabilities in deposits its excess reserves amount to 8.1 mio USD.

B.

If TerpBank has 999 mio USD of its liabilities in deposits it does not fulfill the reserve requirement.

C.

If TerpBank has 99 mio USD of its liabilities in deposits it does not fulfill the reserve requirement.

D.

If TerpBank holds 90 mio USD in loans it fulfills the reserve requirement.

E.

None of these statements is false.

F.

If TerpBank has 90 mio USD of its liabilities in deposits it fulfills the reserve requirement.