On the numerical answer problems, you do not need to include anything other than the numerical digits. In other words, no $, %, years, etc. For percentages, please input the number as a whole number, not a decimal. As an example, if your answer is 10%, please input 10 instead of 0.10. Good Luck! Question 22 4 pts The next two questions refer to the below information: The trading desk at the Federal Reserve sold $700 million in T-Bills. If the current reserve requirement is 7%, how much will the money supply change in Millions? Please be sure to include the sign if it is relevant Next Previous No new data to save. Last checked at 12:36pm Submit Quiz here to search O ELE E Ju On the numerical answer problems, you do not need to include anything other than the numerical digits. In other words, no $ %, years, etc. For percentages, please input the number as a whole number, not a decimal. As an example, if your answer is 10%, please input 10 instead of 0.10. Good Luck! Question 23 3 pts If the reserve requirement were 16%, what would the change in the money supply be (in millions)? Please be sure to include the sign if it is relevant Previous Next Not saved Submit Quiz For percentages, please input the number as a whole number, not a decimal. As an example, if your answer is 10%, please input 10 instead of 0.10. Good Luck! Question 24 8 pts Thinking about T-accounts for the Federal Reserve System: If a bank finds it is short of reserves by $20 million toward the end of the day, how is the Fed balance sheet impacted if the bank works with the Fed to meet its minimum requirement? Asset category: $ change in asset category (in millions): Liability category: $ change in liability category (in millions): Previous Ne 5, Not saved Submit Quiz O Type here to search