The Federal Reserve buys $22.00 million in Treasury securities. If the required reserve ratio is 20.00%, all currency is deposited into the banking system, and banks hold excess reserves of 10%, then the maximum amount the money supply can increase is $___ million. (Insert your answer in millions; if you think the answer is $30 million, just enter 30. Round your answer to two decimal places.)

 The Federal Reserve sells $12.00 million in Treasury securities. If the required reserve ratio is 35.00%, all currency is deposited into the banking system, and banks hold excess reserves of 10%, then the maximum amount the money supply can decrease is $ _____ million. (Insert your answer in millions, and round your answer to two decimal places.) 

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