In Macroland,there Is $10,000,000 in Currency

Multiple Choice

In Macroland,there is $10,000,000 in currency.The public holds half of the currency and banks hold the rest as reserves.If the banks' desired reserve-deposit ratio is 10%,deposits in Macroland equal ________ and the money supply equals ________.

A) $50,000,000;$60,000,000
B) $55,000,000;$55,000,000
C) $50,000,000;$55,000,000
D) $100,000,000;$100,000,000
E) $100,000,000;$110,000,000