Assume that total currency in the economy is $25, money supply is $100 , and currency held by the banks is $10. Further assume that the reserve ratio…

Assume that total currency in the economy is $25, money supply is $100 , and currency held by the banks is $10. Further assume that the reserve ratio of the banks is 20 percent. What are the public’s deposits at the commercial banks? What are the banks’ deposits at the Bank of Canada? Why?