Required Excel Round Deposits Rece Reserved Loame of 20% 50% of proceeds are held a currency Lose proceeds redepot circulation by people (Enter Enter your expo тер покропи покро покро here) here) your your покрова Enter your (Enter your пров покропи покрови here) покрови here.) here) here) your покропи поро here) Enter your (Enter your тер поро hene) here) here) here.) (Enter your your P покр Enter your теров покрови покропи here) покрови here) here) hene) here) (Enter your Enter your your your 10 покроп покропи покро Exp here) покроп here) here.) here.) (Enter Enter your (Enter your your your Totals покроп теров покрови покрови поро hare) here.) here) here) here.) b. Calculate the new money supply. 1. In the hypothetical country of Westlandia, banks are required to hold 20% of checkable deposits as reserves. The public holds 50% of the loans as currency in circulation and redeposits the remaining 50% percent of the loans. a. Complete the table (calculations should be to no more than two decimal places). 50% of Тоян proceeds Loan Round Deposits Required Reserves of 20% Excess Reserves New are held as Loans currency in circulation proceeds redeposite d by people (Enter (Enter (Enter your (Enter your (Enter your 1 your your $500 response response response here.) response here.) response here.) here.) here.) (Enter (Enter (Enter your 2 your your (Enter your (Enter your (Enter your response response response response response here.) response here.) here.) here.) here.) here.) (Enter (Enter (Enter (Enter your (Enter your (Enter your your your your 3 response response response response response response here.) here.) here.) here.) here.) here.) (Enter (Enter (Enter → your your (Enter your your (Enter your (Enter your response response response response response here.) here.) response here.) here.) here.) here.) (Enter (Enter your (Enter your your (Enter your (Enter your (Enter your 5 response response response here.) here.) here.) response here.) response here.) response here.)