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Please answer all the questions Money & Banking 1-Suppose that the cash in people pockets = CAD$ 300, Value of stocks people own = CAD$

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Please answer all the questions

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Money & Banking 1-Suppose that the cash in people pockets = CAD$ 300, Value of stocks people own = CAD$ 75, Demand Deposits in banks = CAD$ 900, personal saving deposits in banks = CAD$ 940, Business Deposits in banks = CAD$ 2000 a) Calculate M1 b) Calculate M2 c)Calculate M3 2-Answer the following questions if the Central Bank of Canada pursues expansionary monetary policy: a) In case of using the open market operation, buy or sell the bonds?.. b) In case of using the Reserve Ratio, increase it or decrease it?.. c)Is the Money supply (MS) curve shifted to the right or to the left

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