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3. What type of policy is this? A. Contractionary fiscal policy B. Expansionary monetary policy C. Contractionary monetary policy D. Expansionary fiscal policy E. None

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3. What type of policy is this? A. Contractionary fiscal policy B. Expansionary monetary policy C. Contractionary monetary policy D. Expansionary fiscal policy E. None of the above b. What assets of the Bank of Canada change and by how much? Complete the second column of the following table by in each row entering " 0 " if the listed item is not an asset andlor does nol change, a positive number representing an increase in an asset, or a negative number representing a deciease in an asset. (Do not include the $ symbol in your answers.) c. What Eiablities of the Bank of Canada change and by how much? Complete the second column of the following table by in each row entering "0" If the Ested itom is not a liability and/or does not change, a positive number representing an increase in a liability, or a negative number representing a decrease in a lability (Do not include the \$s symbol in your ansivers) d. What assets of Bank 1 change and by how much? Complete the second column of the following table by in each row entering " 0% if the listed item is not an asset and/or does not change, a positive number representing an increase in an asset, or a negative number representing a decrease in an asset. (Do not include the S symbol in your answers] e. What liabilities of Bank 1 change and by how much? Complete the second column of the following table by in each row entering 70+if the listed item is not a liability and/or does not change, a positilve number representing an increase in a liability, or a negative number representing a decrease in a liability. (Do not include the $ symbol in your answers.) 1. If the desired reserve ratio for Bank 1 and all other banks is 10 percent, then the maximum now loan Bank 1 can create is S (Enter your response as a whole number. Do not include the $ symbol in your answer.) is not an asset andifor does not change, a positive number representing an increase in an asset, or a negative number representing a docrease in an asset. (Do not include the $ symbol in your answers) What labilities of Bank 1 will change when it approves thls now loan? Complete the second column of the following table by in each row entering "0" if the listed iem is not a liablity andlor does not change, a positive mimber repiesenting an inciease in a liability. of a negative number representing a decrease in a liablity (Do not include the $ symbol in your answers) h. The maximuen change in the money supply the entire chartered banking system can create due to the Bark of Canada's purchase of the bonds is 5 (Type a postive number to repesent an ancrease in the money aupaly or a negative number fo represent a decrease in the morey supply Do not inctude the 5 symbol in your arsiver) 3. What type of policy is this? A. Contractionary fiscal policy B. Expansionary monetary policy C. Contractionary monetary policy D. Expansionary fiscal policy E. None of the above b. What assets of the Bank of Canada change and by how much? Complete the second column of the following table by in each row entering " 0 " if the listed item is not an asset andlor does nol change, a positive number representing an increase in an asset, or a negative number representing a deciease in an asset. (Do not include the $ symbol in your answers.) c. What Eiablities of the Bank of Canada change and by how much? Complete the second column of the following table by in each row entering "0" If the Ested itom is not a liability and/or does not change, a positive number representing an increase in a liability, or a negative number representing a decrease in a lability (Do not include the \$s symbol in your ansivers) d. What assets of Bank 1 change and by how much? Complete the second column of the following table by in each row entering " 0% if the listed item is not an asset and/or does not change, a positive number representing an increase in an asset, or a negative number representing a decrease in an asset. (Do not include the S symbol in your answers] e. What liabilities of Bank 1 change and by how much? Complete the second column of the following table by in each row entering 70+if the listed item is not a liability and/or does not change, a positilve number representing an increase in a liability, or a negative number representing a decrease in a liability. (Do not include the $ symbol in your answers.) 1. If the desired reserve ratio for Bank 1 and all other banks is 10 percent, then the maximum now loan Bank 1 can create is S (Enter your response as a whole number. Do not include the $ symbol in your answer.) is not an asset andifor does not change, a positive number representing an increase in an asset, or a negative number representing a docrease in an asset. (Do not include the $ symbol in your answers) What labilities of Bank 1 will change when it approves thls now loan? Complete the second column of the following table by in each row entering "0" if the listed iem is not a liablity andlor does not change, a positive mimber repiesenting an inciease in a liability. of a negative number representing a decrease in a liablity (Do not include the $ symbol in your answers) h. The maximuen change in the money supply the entire chartered banking system can create due to the Bark of Canada's purchase of the bonds is 5 (Type a postive number to repesent an ancrease in the money aupaly or a negative number fo represent a decrease in the morey supply Do not inctude the 5 symbol in your arsiver)

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