[Related to the Solved Problem] Consider the following data: Currency Bank reserves Checkable deposits Time deposits Excess reserves $150 billion $300 billion $800 billion $1,800 billion $40 billion Calculate the values for the currency-to-deposit ratio, the ratio of total reserves to deposits, the monetary base, the M1 money multiplier, and the M1 money supply. The currency-to-deposit ratio is (Enter your response rounded to two decimal places.)

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