If the required reserve ratio is 8 percent, currency in circulation is $450 million, checkable deposits are $660 million, and excess reserves total $0.35 million, then calculate the following: (round to four decimal places)

a. Simple money multiplier:

b. Assume that the initial deposit in a bank is $150. Using the above money multiplier, what is the final increase in money supply?

c. Currency ratio:

d. Excess reserve ratio:

e. True money multiplier:

f. Total reserve:

g. Monetary base:

h. Money supply: