Answer the Question on the Basis of the Following Information

question 69

Multiple Choice

Answer the question on the basis of the following information for the Moolah Bank. $\begin{array} { l r } \text { Reserves } & \$ 100 \\\text { Checkable Deposits } & 1,000 \\\text { Loans (to customers) } & 300 \\\text { Property } & 400 \\\text { Securities (owned) } & 300 \\\text { Stock Shares } & 100\end{array}$ Refer to the information.If Moolah Bank is legally "loaned up," the reserve requirement must be:

• A) 10 percent.
• B) 15 percent.
• C) 20 percent.
• D) 25 percent.