Scenario: Aggregate banking statistics show that collectively the banks of CountryA hold $300 million of required reserves, $75 million of excess reserves, have issued $7,500 million of deposits, and hold $225 million of Treasury bonds, and the left $6900 million is all loaned out. Citizens of CountryA prefer to use only demand deposits and so all money is on deposit at the bank. Suppose that the Bank of countryA changes the reserve requirement to 3 percent. Assuming that the banks still want to hold the same amount of excess reserves, what is the value of the money supply after banks eventually adjust everything to the change in the reserve requirement? Group of answer choices: A:$9,375 million B：$10,000 million C：$10,625 million D：$7,500 million
Scenario: Aggregate banking statistics show that collectively the banks of CountryA hold $300 million of
A:$9,375 million B：$10,000 million C：$10,625 million D：$7,500 million
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