A. \begin{tabular}{|c|c|c|} \hline & & Liabllities \\ \hline Securties & \$1m & \begin{tabular}{l} Cikiency in \\ dirodation \end{tabular} \\ \hline \end{tabular} 8. C. watue as reeded. Do not include a plis sgin in any response) A. Reserves increase by 1 mallon 1. Reserves decinase by t million C. Roterves do out change. B. The inonitary base decresses by ! million. C. The monetary base does not change