Consider an economy that has two banks with the following information: East Bank: $1600 cash $15,000 DD $2200 Deposit in the Fed $1300 US government bonds West Bank: $600 cash $10,000 DD $1100 Deposit in the Fed $800 US government bonds The economy requires that ten percent of checking be held as required reserves, and the currency ratio is 0.4. Calculate: 1) The desired excess reserves ratio (for the whole economy) 2) Cash held by the public 3) The real-world multiplier 4) The money supply using the simplified definition method 5) The monetary base