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(a) Consider the following data: Currency $ 100 billion Bank reserves 200 billion Checkable deposits 800 billion Time deposits 1,200 billion Excess reserves 40 billion Calculate the values for the monetary base. the money multiplier, and the M1 money supply. (b) Briefly explain what happened to the currency to-deposit ratio (C/D) and the excess reserves-to deposit ratio (ER/D) during the financial crisis of 2007-2009. What effect did these changes have on the size of the money multiplier? (c). The Bank of Canada can perfectly control the amount of reserves in the system.|| Is this statement true, false, or uncertain? Explain