QUESTION 44 If the fed were to increase excess reserves in the banking system by $100 billion with an open market purchase of securities, and the required reserve ratio is 0.10, the total money supply will increase by as much as $1,000 billion O decrease by as much as $1,000 billion increase by as much as $500 billion increase by $100 billion QUESTION 45 If a bank receives a new deposit of $1,000 and the required reserve ratio is 0.20, then the bank will have to hold $800 in required reserves O will have $800 in excess reserves to loan out or invest O will have $200 in excess reserves to loan out or invest None of the above