6.If the nation's money supply is $800 billion and the multiplier is 4 , what is the monetary base? A multiple-choice question with one possible answer.(Required) 1. $300 billion 2. $3200 billion 3. $100 billion 4. $1600 million 5. $200 billion 7. Suppose the monetary base is $300 billion, the money multiplier is 3. By how much must the Fed increase the monetary base to achieve a money supply of $1500 billion? A multiple-choice question with one possible answer.(Required) 1. $600 billion 2. $900 billion 3. $500 billion 4. $200 billion 5. $300 billion 8. The dollar volume of deposits that the banking system can create for each new dollar of excess legal reserves injected into the banking system is known as M2. A question requiring a 'True/False' answer.(Required) True False