Suppose the country of Utopia's monetary system is described as follows: Monetary Base : $5000 Currency-Deposit Ratio : 0% Reserve-Deposit Ratio : 10% (also called "reserve ratio") (Part A) Calculate the total amount in Checking Deposits, Reserves, Loans and the Money Supply (Ms ). (Show all your calculations. Follow the balance sheet methodology provided in the lectures and illustrate at least three steps showing the balance sheets of banks). Calculate the money multiplier. (Part B) Now assume that the Central Bank prints an extra $500 to increase the monetary base. Revise your calculations: Checking Deposits, Reserves, Loans and Money Supply. (Show your calculations. Follow the balance sheet methodology provided in lectures and illustrate at least three steps showing balance sheets of banks). Calculate the money multiplier