Homework: Chapter 17 Home... Question 7, End-of-Cha... HW Score: 80.55%, 8.05 of 10 points Points: 0.45 of 1 an Parts of 10 Save Suppose that the required reserve ratio is 10%, currency in circulation is 5620 bilion, the amount of checkable deposits is $950 bilion, and excess reserves are $15 billion The money supply is $ 1670 billon (Round your response to the nearest whole number) The currency deposit ratio is 85. (Round your response to three decimal places.) The excess reserves ratio is 016. (Round your response to three decimal places.) The money multpliar is 2.15. (Round your response to two decimal places) Suppose the central bank conducts an unusually large open market purchase of bonds held by banks of $1.300 billion due to a sharp contraction in the economy. Assuming the ratios you calculated in the previous stops are the same, the money supply should increase to s billion. (Round your response to the nearest whole number.)