Figure 1 and Figure 2 below show the Overnight Lending Market and the Money Market respectively. Use them to answer the questions that follow: (22 Marks) Fig. 1: The Overnight Lending Market Interest Rate 10.20% Roz RD RD3 7.50% 5.20% Quantity of Reserves Fig. 2: The Money Market Interest M M Rate E Ez MD (P,Y) M M2 Quantity of Note: Enter numerical answers to two decimal places. Don't include the percent sign in your answers. Part 1: In Figure 1, the Bank of Canada pays Banks with a positive balance at the close of payments settlement: Number %. Part 2: In Figure 1, the Bank of Canada publicly announces a target rate of: Number %. Part 3: The Bank of Canada will advance funds to Banks at what rate? Number Part 4: The equilibrium interest rate in Figure 1 is Number %. %, and it is known as the Click for List Part 5: If the Demand for Reserves (RD) increases and shifts right as shown by RD2, the interest rate in this market will not exceed: Number %. Part 6: If the Demand for Reserves (RD) falls and shifts left as shown by RD3, the interest rate in this market will not fall below: Part 7: In Figure 2, the interest rate r represents: Click for List Part 8: From Figures 1 and 2: any relationship between interest rates in the two markets is an empirical issue and requires data analysis. Part 9: A rightward shift of the money supply curve in Figure 2 from M to M is associated with Click for List Part 10: If the original state of the economy has figure 1 at point J and figure 2 at point E1, then the interest rate r is: Click for List