I need help with this questions?

Honors Economics Chapter 28 Monetary Policy and Bank Regulation 1. If the central bank sells $500 in bonds to a bank that has issued $10,000 in loans and is exactly meeting the reserve requirement of 10%, what will happen to the amount of loans and to the money supply in general? 2. List the three traditional tools that a central bank has for controlling the money supply. 3. How do the expansionary and contractionary monetary policy affect the quantity of money? 4. Which kind of monetary policy would you expect in response to high inflation: expansionary or contractionary? Why? 5. Which kind of monetary policy would you expect in response to recession: expansionary or contractionary? Why? 6. Suppose the Fed conducts an open market purchase by buying $10 million in Treasury bonds from Acme Bank. Sketch out the balance sheet changes that will occur as Acme converts the bond sale proceeds to new loans. The initial Acme bank balance sheet contains the following information: Assets reserves 30, bonds 50, and loans 50; Liabilities deposits 300 and equity 30. 7. Suppose the Fed conducts an open market sale by selling $10 million in Treasury bonds to Acme Bank. Sketch out the balance sheet changes that will occur as Acme restores its required reserves (10% of deposits) by reducing its loans. The initial balance sheet for Acme Bank contains the following information: Assets reserves 30, bonds 50, and loans 250; Liabilities deposits 300 and equity 30