Calculate the amount of excess reserves and the monetary base and then use the table to answer
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Question:
Calculate the amount of excess reserves and the monetary base and then use the table to answer the questions that follow.
| Category | Value |
|---|---|
| (Billions of Dollars) | |
| Currency, C | 450.00 |
| Deposits, D | 400.00 |
| Reserves, R | 37.00 |
| Required Reserves, RR | 32.00 |
| Excess Reserves | |
| Monetary Base |
Use the previous data table to fill in the missing cells in the following table. (Hint: Round to the nearest hundredth.)
| Ratio | Value |
|---|---|
| Currency Ratio, k | |
| Required Reserves Ratio, rr | |
| Excess Reserves Ratio, rexex | |
| Money Supply Multiplier, MsMMsM |
Based on your answers to the previous questions, the money supply is .
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