Suppose that currency in circulation
is $600 billion, the amount of checkable deposits is $900 billion,
and excess reserves are $60 billion. Suppose that the reserve
requirement is 10%.

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What would the money supply, the
monetary base, the currency ratio, the excess reserve ratio, and
the money multiplier be?

(I worked through some of these but I am not confident with
the asnwers esp since I was getting 1 for the money multipiler )Any
help would be appreciated

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