Solve clearly

Consider the following table for an economy (expressed in billions of dollars): Year Quantity of Money Velocity Real GDP GDP Deflator 2020 $10000 8 $64000 2021 $12000 8.5 $70000 Using the quantity equation of money, what is the GDP deflator in 2020? Round your answer to two decimal places. Round your answer to two decimal places.The Federal Reserve buys $8 million of Treasury bills from a bank and the bank's reserves at the Federal Reserve are increased by the proceeds. As a result, this leads to an $80 million increase in bank deposits. What is the reserve ratio at the Federal Reserve? %Consider the following table for an economy (expressed in billions of dollars): Year Quantity of Money Velocity Real GDP GDP Deflator 2020 $10000 8.0 $64000 2021 $12000 8.75 1.50 According to the quantity equation of money, what is the GDP deflator in 2020?The Federal Reserve sells $5 million of bonds to a bank and the bank pays for the bonds by decreasing its reserves. If the reserve requirement is 5%, by how much will the bank's deposits change? $ million