Answer:
$6,000
Explanation:
$6,000
(The demand deposits are $100,000, and the reserve requirement is 12 percent, so this bank must keep $12,000 in required reserves. Since total reserves include both required and excess reserves, $18,000 (total reserves) minus $12,000 (required reserves) equals $6,000 (excess reserves). Excess reserves are the only reserves that can be used for lending, so $6,000 is available for lending.)
