Q4. If the desired reserve ratio is 8%, what will be the maximum change in the money supply in each of the following situations? Show step by step calculations including formulas and round your answers to the nearest dollar. a) Smith finds $1000 in coins and paper currency buried in her backyard and deposits it in her chequing account. b) Smith writes a $1000 cheque on her own account and takes $1000 in currency and buries it in her backyard