In the economy of Nocoin the banks have deposits of$300 billion. Their reserves are $36 billion, two thirds ofwhich is in deposits With the central bank. Households and rms hold $24 billion in bank notes (dollar bills). There are no coins! Calculate the monetary base and the quantity of money. Calculate the banks' desired reserve ratio and the currency drain ratio (as percentages). The monetary base is 5 billion. The quantity of money is 5 billion. The banks' desired reserve ratio is percent. The currency drain ratio is percent