1. In the hypothetical country of Westlandia, banks are required to hold 20% of checkable deposits as reserves. The public holds 50% of the loans as currency in circulation and redeposits the remaining 50% percent of the loans. a. Complete the table (calculations should be to no more than two decimal places). Round 1 2 Deposits $500 (Enter your response Required Reserves of 20% TORPOOPPERMINI response TODOROTHE here.) Excess Reserves (Enter your FRIZINISSAINISTRIRNI response BREEDISTRINA (Enter your (Enter your (Enter your (Enter your FOONGIUNTION IONION TENDENDONI response ISBN here.) (Enter your New Loans 000000ADION response response WONINGNING here.) (Enter your 50% of loan proceeds are held as BANDA response currency in circulation by people TEODBORIDOGL response here.) (Enter your RISPISEMNE response Loan proceeds redeposited (Enter your SUSHIRRES response here.) (Enter your MAMAMARAAN response