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[Related to the Solved Problem] Consider the following data: Currency $200 billion Bank reserves $300 billion Checkable deposits $1,200 billion Time deposits $2,400 billion Excess

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[Related to the Solved Problem] Consider the following data: Currency $200 billion Bank reserves $300 billion Checkable deposits $1,200 billion Time deposits $2,400 billion Excess reserves $80 billion Calculate the values for the currency-to-deposit ratio, the ratio of total reserves to deposits, the monetary base, the M1 money multiplier, and the M1 money supply The currency-to-deposit ratio is (Enter your response rounded to two decimal places) The ratio of total reserves to deposits is (Enter your response rounded to two decimal places.) The monetary baso is $billion. (Enter your response as an integer) The M1 money multiplier is (Enter your response rounded to two decimal places.) The M1 money supply is $ billion (Enter your response as an integer)

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