When the discount rate is lowered, a bank borrows $30 million from the Federal Reserve. The bank faces a reserve requirement of 9%. However, the entire amount borrowed can be considered as excess reserves (the bank does not need to hold any additional required reserves against this loan). If the bank decides to make loans with these funds, calculate the potential maximum change in bank deposits. Increase of $222.22 million Increase of $333.33 million Increase of $32.7 million Increase of $2.7 million