QUESTION 18 In Macroland there is 1,200 in currency. The public holds half of the currency and banks hold the rest as reserves. If banks' desired reserve/deposit ratio is 10%, a) Currency held by public in Macroland equals $ b) Bank deposits in Macroland equal $ $ C) Money Supply in Macroland equals of the Central Bank prints an additional 300 dollars and uses this new currency to buy government bonds from the public, assuming that the public does not wish to change the amount of currency it holds the money supply in Macroland will increase to $ Assuming the values of the currency held by the public and the desired reserve/deposit ratio do not change, if the Central Bank of Macroland wishes to increase the money supply to 10,000, then it should conduct an open-market a) (purchase or sale) of b) $ of government bonds