Suppose that households wished to maintain $1.00 in pocket money (currency and coin) and $10.00 in liquid savings assets for every $1.00 in their checking accounts (transaction deposits). Banks choose excess reserves to be ten cents for every dollar of transaction deposits. 1. if the required reserve ratio is 8% (1) the deposit multiplier is (2) the money multiplier is 2. if the required reserve ratio is 10% (1) the deposit multiplier is (2) the money multiplier is 3. if the required reserve ratio is 12% (1) the deposit multiplier is (2) the money multiplier is