2) Briey discuss the following statements whether they are true or false. a) Only the required reserve ratio determines how much money the Federal Reserve can create. 1)) Excess reserves in a bank are the difference between required reserves and the bank's total net worth. c) The amount of money banks can loan out is detemJined by the discount rate. d) If the Fed lowered the reserve requirement, banks would have less money to loan out. e) A decrease in the discount rate decreases the money supply. f) If the Fed buys securities on the open market, it will increase the money supply