单选题 An analyst gathers the following information about Monument State Bank:
Demand deposits $ 400 million.
Loans and securities $ 260 million.
Reserve requirement 10%.
The bank has a total of $ 50 million in cash and deposits with the Federal Reserve.
Monument Stare Bank is in a position to make additional loans of:
  • A. $ 5 million.
  • B. $10 million.
  • C. $ 26 million.
【正确答案】 B
【答案解析】( Demand deposits) ( reserve requirement) = required reserves (400)×(0.1) = 40 Actual reserves (50) -required reserves (40) =excess (10) The bank can lend $10 million.