Suppose Argentine deposits at private banks (i.e., checking accounts) fell by $3 billion as people rushed to

Question:

Suppose Argentine deposits at private banks (i.e., checking accounts) fell by $3 billion as people rushed to convert deposits into cash. Explain the effect this withdrawal of deposits from private banks by the public had on Argentina's monetary base, M2 money multiplier, and excess reserves. Assume the reserve ratio is 10%.