1. Calculate what is the change in checkable deposits or money supply if there is $1000 change in reserves but a required reserve ratio changed from 5% to 6%. Does the size of the money supply change? 2. Calculate the Absolute Real Economic Growth and change in Real GDP per capita based on following data for each country. Note that change in Real GDP per-capita is not the Real GDP per-capita for the year! US UK China Real GDP (2016) 18,624,475 2,650,850 11,199,145 Population (2016) 322,179 65,788 1,403,500 Real GDP (2017) 19,070,976 2,622,430 12,289,278 Population (2017) 324,459 66,181 1,409,517 Absolute Real Economic Growth GDP per-capita (2017)