Suppose the Federal Reserve undertakes an open market sale of government bonds.Everything else held constant, how will each of the following change (i.e., increase, decrease, or remain unchanged) as the result of the Fed's policy action?

a)The currency to checkable deposit ratio.

b)The bank reserve to checkable deposit ratio.

c)The monetary base.

d)The money multiplier.

e)The money supply.

f)Market (i.e., nominal) interest rates.