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Consider the following data: Currency = Bank Reserves = Checkable deposits = Time deposits = Excess Reserves = $100 billion 200 billion 800 billion 1,200

Consider the following data:

Currency = Bank Reserves = Checkable deposits = Time deposits = Excess Reserves =

$100 billion 200 billion 800 billion

1,200 billion 40 billion

Calculate the values for the currency-to-deposit ratio, the ratio of total reserves to deposits, the monetary base, the money multiplier, and the M1 money supply.

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