23) {15 pts) Assume that RRR=20% and the following transactions happens in the given order: i- Central Bank buys T-bonds from Bank A in the value of $8000- ii. BankA lends $6000 to Jim. iii. Jim deposits $5000 in Bank B. iv. Bank B lends $4000 to Shen'y. Sherry deposits $3000 to Bank C and Bank C keeps all proceedings in the reserves- .4 Calculate the change in required reserves in the banking sector as a result of actions i-v. Calculate the change in excess reserves in the banking sector as a result of actions i-v_ Calculate the change in deposits in the banking sector as a result of actions i-v. Calculate the change in cash in circulation as a result of actions i-v_ Calculate the change in monetary base as a result of actions i-v. Calculate the change in money supply (Ml) as a result of actions i-v. witness's