In 2019 the total amount of currency in circulation was C = $1,745.10 billion. Demand deposits in the U.S. banking system was about $1,524.80 billion. The total amount of bank reserves equaled R = $1,621.6 billion. The required reserve ratio at the time was rr = 10 percent. First, let's calculate the following : Currency-Deposit Ratio, c =  (Do not write this as a percentage, write it as a number with two decimals.) Excess Reserve - Deposit Ratio, er =  (Do not write this as a percentage, write it as a number with two decimals.) Money multiplier, m =  M1 Money Supply, M1 =  Billion dollars

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