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QUESTION 21 Calculate the money supply, the currency deposit ratio, the excess reserve ratio, and the money multiplier. Question: If the required reserve ratio is 15 percent, currency in circulation is $500 billion, checkable deposits are $1,000 billion, and excess reserves total $1 billion, Then the money supply is QUESTION 22 Calculate the money supply, the currency deposit ratio, the excess reserve ratio, and the money multiplier. Question: If the required reserve ratio is 15 percent, currency in circulation is 5500 billion, checkable deposits are $1,000 billion, and excess reserves total $1 billion, then the currency deposit ratio is [HINT: As a decimal 0.12345 or percent 12.34596) QUESTION 23 Calculate the money supply, the currency deposit ratio, the excess reserve ratio, and the money multiplier Question: If the required reserve ratio is 15 percent, currency in circulation is $500 billion, checkable deposits are $1,000 billion, and excess reserves total $1 billion, then the excess reserve ratio is [HINT: As a decimal 0.12345 or percent 12.345%) QUESTION 24 Calculate the money supply, the currency deposit ratio, the excess reserve ratio, and the money multiplier. Question: If the required reserve ratio is 15 percent, currency in circulation is 5500 billion, checkable deposits are $1,000 billion, and excess reserves total $1 billion, then the M1 money multiplier is (HINT: As a decimal 0.12345 or percent 12.34596)

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