Suppose that the Federal Reserve Bank elects to purchase $1,400 worth of securities from the non-bank public, who then keeps the payment from the bank in the form of cash.In this case,

Group of answer choices

R increases by$1,400and the MB rises by$1,400

C and R both increaseby $1,400, and the MB does not change

Cincreases by$1,400and theMBincreases by$1,400

C increases by$1,400and theMB does not change