Question: A $140 billion B $190 billion C $440 billion D $600 billion 10 Refer to the balance sheet shown. If liabilities increase across the board

 A $140 billion B $190 billion C $440 billion D $600

A $140 billion B $190 billion C $440 billion D $600 billion 10 Refer to the balance sheet shown. If liabilities increase across the board by 10%, and assets increase 20% across the board, and the reserve requirement is 8% which is true? A excess reserves will be $17.272 million and equity will be $1.5567 billion B equity will be $1205.6 million and excess reserves will be $24 million C equity will be $1201 million and excess reserves will be $7.52 million D excess reserves will be $8.272 million and equity will be $1321.1 billion E None of the above. ALL VALUES IN MILLIONS 56 DEP w/ FRB 450 BUILDING 124 SAVINGS 1031 CK DEP 34 VAULT CASH 873 GOVT SEC NW 943 LOANS 1201 STOCK LANCE SHCC

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