$[$Related to the Solved

Problem$]$

Consider the following$$ data:

Currency

$$$$200200$

billion

Bank reserves$$

$$$$400400$

billion

Checkable deposits

$$$$800800$

billion

Time deposits

$$$$2$ comma $4002,400$

billion

Excess reserves

$$$$4040$

billion

Part $2$

Calculate the values for the$$ currency$-$to$-$deposit ratio, the ratio of total reserves to$$ deposits, the monetary$$ base, the M$1$ money$$ multiplier, and the M$1$ money supply.

Part $3$

The$$ currency$-$to$-$deposit ratio is

enter your response here.

$($Enter

your response rounded to two decimal

places.$)$

Part $4$

The ratio of total reserves to deposits is

enter your response here.

$($Enter

your response rounded to two decimal

places.$)$

Part $5$

The monetary base is

$$$enter your response here

billion.

$($Enter

your response as an

integer.$)$

Part $6$

The M$1$ money multiplier is

enter your response here.

$($Enter

your response rounded to two decimal

places.$)$

Part $7$

The M$1$ money supply is

$$$enter your response here

billion.

$($Enter

your response as an

integer.$)$