if the reserve requirement is 20%, if initial new deposits are $100,000 what is the maximum amount of total loans that can be created by banks? $400,000 $100,000 $200,000 $900,000

if the reserve requirement is 20%, if initial new deposits are $100,000 what is the maximum amount of total loans that can be created by banks?

$400,000

$100,000

$200,000

$900,000

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if the reserve requirement is 20%, if initial new deposits are $100,000 what is the maximum amount of total loans that can be created by banks? $400,000 $100,000 $200,000 $900,000

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