d) stays $900 billion, the value of M2 decreases by $50 billion, an becomes more liquid. Question 9 (1 point) Use the data in the table below to answer the following question: Currency held by the public Checkable deposits Traveler's checks Small time and savings deposits Money market accounts Total bank reserve Excess reserves $200 billion $700 billion $10 billion $500 billion 420 billion $87.5 billion $0 In this instance, the required reserve ratio is: a) impossible to determine from the information given. b) 9.6% c) 12.5% d) 10% Question 10 (1 point)