Question 99: Money, Banks, and the Federal Reserve System Homework . Answered . Due Dec 16th, 11:59 PM Suppose that currency is $250 billion and deposits are $450 billion. Suppose the required reserve-deposit ratio (reserve requirement) changes from 10 percent to 15 percent. What is the maximum change in deposits or money money supply? Express your answers in billion of dollars. Also, make sure to round your answers to the nearest 100th decimal points. For example 745.81 for $745.81 billion. Type your numeric answer and submit Cannot be empty Hint X Find the change in reserves and the change in the money supply. Answered - Incorrect . 1 attempt left Resubmit OLDe - ROOT MORENGQuestion 96: Money, Banks, and the Federal Reserve System Homework . Unanswered . Due Dec 16th, 11:59 PM Consider the information below for a simple economy: Currency $1000; Checking Account Balances 2000; Traveler's Checks 500; Savings Account Balances 5000; Small-denomination Time Deposits 8000; Large-denomination Time Deposits 16000; Balances in Money Market Deposits Accounts 6000; Balances in Capital Market Deposits Accounts 20000; Non-institutional Money Market Mutual Fund shares 7000. What is the value of M2? Type your numeric answer and submit Unanswered . 2 attempts leftQuestion 17 Homework . Unanswered . Due Dec 16th, 11:59 PM Suppose that the demand curve for lattes is given by the following: Qd=900-100P. The supply curve for lattes is given by the following: Qs=100+150P. Find the amount of total revenue or expenditure at equilibrium. Do not write any symbol ($, &,#,...). Make sure to round your answers up to the nearest 100th decimal points. For example, write 1234.37 for $1,234.37. Type your numeric answer and submit Unanswered . 2 attempts left Submit ~OR ENG ( )Question 16 Homework . Answered . Due Dec 16th, 11:59 PM Suppose that when the price of a good rises by 8%, quantity demanded for that good falls by 13%. What is the exact change in total expenditure (or total revenue)? Express your answer as a percentage. Round your answers to the nearest 100th percentage point. (For example, write 3.12 for 3.12%). Type your numeric answer and submit Cannot be empty Answered - Incorrect . 1 attempt left Resubmit HOLDC - O NO One ~OR ENG 4 )