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Consider the following situations a. Bank reserves are $3O0, the public holds $200 in currency, and the desired reserve-deposit ratio is 0.25. Find deposits and

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Consider the following situations a. Bank reserves are $3O0, the public holds $200 in currency, and the desired reserve-deposit ratio is 0.25. Find deposits and the money supply Instructions: Enter your responses as whole numbers Deposits: $ Money supply. $ b. The maney supply is $550 and currency held by the public equals bank reserves The desired reserve-deposit ratio is 025 Find currency held by the public and bank reserves. Instructions: Enter your responses as whale numbers Currency held by the public: $ Bank reserves: S c The money supply is $1,350, of which $350 is currency held by the public. Bank reserves are $200. Find the desired reserve- deposit ratio. Instructions: Enter your response rounded to two decimal places Desired reserve-deposit ratio

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