Rafael Application 1:46 1. C = 4,000 + 0.5Y 1 = 1,500 G = 2,250 NX = -150 Given the equations for C, I, G, and NX above, what is the equilibrium level of GDP (Y)? 2. Suppose that the required reserve ratio is 20 percent and you deposit $50,000 of currency into Comerica Bank What is the potential increase in deposits in the banking system brought about by your deposit? What is the potential change in the money supply