Use the following data to answer the below question. Required reserve $50 Checkable deposits $500 Savings Deposits $50 Excess reserves $180 Currency held by the public $160 The money multiplier is 1.69 The Fed conducts an open market purchase of $86 What will be the change in the money supply $answer? /Round to 2 decimal places/ What is the change in checkable deposits? Use the following data to answer the below question. Required reserve $50 Checkable deposits $500 Savings Deposits $50 Excess reserves $180 Currency held by the public $160 The money multiplier is 1.69 The Fed conducts an open market purchase of $86 What will be the change in the money supply $answer? /Round to 2 decimal places/ What is the change in checkable deposits