Answer Happy

Calculate the following amounts for the imaginary economy of Beta. Please make sure your final answer(s) are accurate to 2 decimal places. a) The money supply is $1,750, and currency held by the public equals bank reserves. The reserve ratio is 0.25. Find bank reserves. Bank reserves = $0 b) Bank reserves are $450, the public holds $1,250 in currency, and the reserve ratio is 0.25. Find deposits and the money supply. Deposits = $0 Money Supply = $0 c) The money supply is $600, of which $100 is currency held by the public. Bank reserves are $100. Find the reserve ratio. Reserve ratio=