Meredith deposits in a bank an amount of $50000 that he had been holding at home in a jar for a long time.

i.If the required reserve ratio is 100%,how does the money supply change? Show your work.

ii.If the reserve requirement is 10% and the bank holds no excess reserves, how does the money supply change?Show your work.

iii. If the reserve requirement is 10 % and the bank holds an excess reserve of 5 %, how does the money supply change?Show your work.

iv.If the reserve requirement is 10 percent and the bank holds an excess reserve of 5 %, compute the reserves value.Show your work.