Indicate whether the following events will increase or decrease the money supply:
Event A: The Fed buys government securities from the public.
Event B: Because more people are defaulting on their loans, banks decide to hold more excess reserves.
Event C: Because of the convenience of credit cards, the public holds less cash than before.
Event D: The Fed raises the discount rate.
Event E: The Federal Funds Rate is the rate of interest banks charge one another to borrow money. The Federal Funds Rate goes up.
Event F: The Fed lowers the required reserve requirement for backing demand deposits.