18) Suppose that the Fed extends a loan in the amount of 10M to Happy Consumers Bank. When Happy Consumers Bank repays the loan to the Fed, the effect of the loan repayment on the reserves of the Fed and Happy Consumers bank is that: A) The Fed's reserves (on the assets side of the balance sheet) increase by 10M and the bank's reserves (on the liabilities side of the balance sheet) increase by 10M. B) The Fed's reserves (on the assets side of the balance sheet) decrease by 10M and the bank's reserves (on the liabilities side of the balance sheet) decrease by 10M. C) The Fed's reserves (on the liabilities side of the balance sheet) increase by 10M and the bank's reserves (on the assets side of the balance sheet) increase by 10M D) The Fed's reserves (on the liabilities side of the balance sheet) decrease by 10M and the bank's reserves (on the assets side of the balance sheet) decrease by 10M