Check my Work 4 Consider the following situations: a. Bank reserves are $250, the public holds $200 in currency, and the desired reserve-deposit ratio is 0.2. Find 0.71 deposits and the money supply. points Skipped Instructions: Enter your responses as whole numbers. Deposits: $ Money supply: $ Book b. The money supply is $350 and currency held by the public equals bank reserves. The desired reserve-deposit Print ratio is 0.25. Find currency held by the public and bank reserves. Instructions: Enter your responses as whole numbers. References Currency held by the public: $ Bank reserves: $ c. The money supply is $1,150, of which $550 is currency held by the public. Bank reserves are $150. Find the desired reserve-deposit ratio. Instructions: Enter your response rounded to two decimal places. Desired reserve-deposit ratio: b. The initial money supply is $1,000, of which $500 is currency held by the public. The desired reserve-deposit ratio is 0.2. Calculate the increase in the money supply associated with increases in bank reserves of $1, $5, and $10. What is the money multiplier in this economy? Assume that individuals do not change their currency holdings. Instructions: Enter your responses as whole numbers. Increase in bank Increase in money reserves supply $ 1 $ 5 $ 10 $ Money multiplier: b. The initial money supply is $1,500, of which $700 is currency held by the public. The desired reserve-deposit ratio is 0.1. Calculate the increase in the money supply associated with increases in bank reserves of $20. What is the money multiplier in this economy? Assume that individuals do not change their currency holdings. Instructions: Enter your responses as whole numbers. Increase in bank Increase in money reserves supply $ 20 $ ( Money multiplier