(1) An open market sale of securities by the Fed will O decrease liabilities of the Fed and not affect assets of the banking system. O decrease assets of the banking system and decrease assets of the Fed O increase assets of the Fed and not affect the liabilties of the banking system O decrease liabilities of the banking system and not affect liabilities of the Fed O increase liabilities of the Fed and not affect assets of the banking system O increase assets of the banking system and decrease liabilities of the Fed