Suppose you deposit $ 50000 in currency into your checking account at ADCB Bank. Also assume that the required reserve ratio is 10% (0.10). Answer with detail the following: Suppose that ADCB makes the maximum loan it can from your deposit. What is the effect on ADCB balance sheet from granting the loan? (Use T-account if you want). Now suppose a person took out all the loan in ADCB and put it in his checking account in NBAD. Also NBAD can makes the maximum loan from this deposit. So, what is the effect on NBAD balance sheet? What is the maximum increase in checking account deposit (total money supply) that can result from your $50000 deposit? What is maximum increase in the money supply? Explain. Suppose you decide to withdraw $25000 from your checking account and use the money to buy certificate of deposit (CD). Explain how this action will affect M1 and M2. If the central bank wants to reduce the money supply, how can the central bank use the open market operations and reserve requirements tools to achieve this purpose? Explain