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In January 2015 the Bank of Japan reported that bills and coins were 175 billion. Japanese...

In January 2015 the Bank of Japan reported that bills and coins were 175 billion. Japanese commercial banks had checkable deposits of 150 billion and savings deposits of 1800 billion. They kept reserves at the Bank of Japan of 340 billion. Calculate:

a. Reserves________________


b. The monetary base ___________________

c. M1________________


d. M2______________

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