Question: [Related to the Solved Problem] Consider the following data: Currency Bank reserves Checkable deposits Time deposits Excess reserves $150 billion $400 billion $1,200 billion $1,800

[Related to the Solved Problem] Consider the

[Related to the Solved Problem] Consider the following data: Currency Bank reserves Checkable deposits Time deposits Excess reserves $150 billion $400 billion $1,200 billion $1,800 billion $60 billion Calculate the values for the currency-to-deposit ratio, the ratio of total reserves to deposits, the monetary base, the M1 money multiplier, and the M1 money supply The currency-to-deposit ratio is .13. (Enter your response rounded to two decimal places.) The ratio of total reserves to deposits is 33. (Enter your response rounded to two decimal places.) The monetary base is $ 550 billion. (Enter your response as an integer.) The M1 money multiplier is 2.46. (Enter your response rounded to two decimal places.) The M1 money supply is $billion. (Enter your response as an integer.)

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