Question: 5 What is the maximum amount by which the following policies will change the money supply? Enter your responses below rounded to a whole number.

5 What is the maximum amount by which the following policies will change the money supply? Enter your responses below rounded to a whole number. Do not include minus signs in your answers. a. I $700 million of bonds are bought by the Bank of Canada when the reserve ratio is 10% then the maximum change is an) increase of $ 14 billion b. If $50 million of bonds are sold by the Bank of Canada when the reserve ratio is 6% then the maximum change is a(n) decrease of $ 267 million

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