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percent? . Hudson Bank has a reserve ratio of 5 percent and $10 million issued in deposits. a. If the bank's actual reserves are $600 000, what are its excess reserves? b. Calculate the money multiplier in this banking system. What is the final amount by which the money supply increases once the process of money creation in the banking system is complete? Champlain Bank has a reserve ratio of 4 percent, $5 million issued in deposits, and $200 000 in actual reserves. a. Identify this bank's initial desired reserves and initial excess reserves. b. What is the effect on the bank's excess reserves if $15 000 in currency is depos- ited in the bank? c. Calculate the money multiplier in this banking system. d. What is the final amount by which the money supply can change once the pro- cess of money creation in the banking system is complete