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The Following Is the Balance Sheet of the Leafs Bank

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The following is the balance sheet of the Leafs Bank
The following is the balance sheet of the Leafs Bank    -Refer to the information above to answer this question.Assume the target reserve ratio is 8 percent.If the original balance sheet was for the commercial banking system rather than a single bank,what is the maximum amount by which loans and deposits can be expanded? A) $4,800. B) $19,200. C) $240,000. D) $60,000. E) $35,000.
-Refer to the information above to answer this question.Assume the target reserve ratio is 8 percent.If the original balance sheet was for the commercial banking system rather than a single bank,what is the maximum amount by which loans and deposits can be expanded?


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