The following represents the consolidated balance sheet for a hypothetical banking system. The target reserve ratio is 8 percent. Assets Liabilities and Equity Reserves $24,000 Demand deposits $250,000 Loans 80,000 Equity 50,000 Securities 170,000 Land & Buildings 26,000 Refer to the information above to answer this question. Which of the following is true of this banking system? Multiple Choice It is over-reserved by $4,000. It is under-reserved by $4,000. It is over-reserved by $50,000. It is under-reserved by $9,333. It is under-reserved by $50,000..