Assume there are $775 billion in bank deposits in the economy. The current reserve requirement for banks is 9%. What will be the total change (positive or negative) in bank deposits if the Fed decreases the reserve requirement to 7%, assuming that banks lend out 85 cents of every dollar in excess reserves, and that only 55% of every dollar lent out makes it back to banks in the form of deposits? $1062.50M 0-$20.59M -$24.40M $25.34M $20.59M