2. In the hypothetical country of Middlelandia, hanks are required to hold 20% of checkable deposits as reserves. Also, the public holds none of the loans as currency in circulation and redeposits all the loans. a. Complete the table (calculations should be to no more than two decimal places). None of loan Round Required Deposits Reserves Excess Reserves New proceeds are held as Loan proceeds Loans currency redeposite of 20% in d circulation by people (Enter (Enter (Enter (Enter your (Enter your 1 $500 your your your response response response response response here.) here.) here.) here.) here.) (Enter (Enter (Enter (Enter 2 your your your (Enter your (Enter your your response response response response response response here.) here.) here.) here.) here.) here.) (Enter (Enter (Enter (Enter your (Enter your (Enter your your your 3 your response response response response response response here.) here.) here.) here.) here.) here.) (Enter (Enter (Enter (Enter your your your (Enter your (Enter your + your response response response response response response here.) here.) here.) here.) here.) here.) (Enter (Enter (Enter (Enter your 5 your your your (Enter your (Enter your response response response response response response here.) here.) here.) here.) here.) here.) Kone of Round Deposits Required Reserves Excell Reserver proceeds are held a currency Lose proceeds redeposite of 2016 ། (Enter your circulation by people Enter your (Enter your your покропи покроп your Expon your response here.) покропи (Enter Enter your Enter your your your your теров покрови покро respo Expon here. here) here.) here.) (Enter Enter your your your your тер поро покрови покрови here) here) here) Enter your Emer your your your your response покропи покро here.) покроп Exp here. here.) Enter your your 10 покро покро here) покроп hene) here) here) here.) your your your your Totals Enter your response покрови покропи покрови hene) here.) here) here) b. Calculate the new money supply. (Enter your response here)