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ion 9 Answer the following questions. Remember that you can only enter numbers in the boxes given and that decimal places are separated with a

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ion 9 Answer the following questions. Remember that you can only enter numbers in the boxes given and that decimal places are separated with a dot (not with a comma). Also, enter at least 4 decimals in your answers if available. ered d out of A) You are given the following information: Reserves (R) in the banking system amount to $44.2 billion, of which $41.6 billion are required. Currency in the hands of the public amounts to $572 billion while checkable deposits amount to $520 billion. 9 jon Calculate the money multiplier (m): m = B) Suppose that you are given the money multiplier m = 2.3. Also assume that the central bank performs an open market sale of $9 billion. The change in the money supply M1 due to this operations is (Note: enter only a number, which can be positive or negative, whether the change in M1 is positive or negative, e.g.-7.2, or 7.2.)

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