Assume a country's banking system operates with AMPLE RESERVES. a. Suppose that as a result of a large customer deposit, reserves in the system increase by 100,000 and deposits increase by 300,000, currency in the system remains the same. What was the size of the money multiplier in this economy? (show your work) 2 pts b. Assume the country is currently operating with a recessionary gap and high unemployment. Draw a correctly labeled graph of the long-run and short-run Phillips Curve for this country and label their current level of unemployment and inflation as point A. 4 pts C. Draw a correctly labeled graph of the market for reserves and label the current quantity of reserves and the policy rate (labeled PR1). (4 pts). d. Assume the country's central bank in this country decides to take monetary policy action. Explain how this country would use monetary policy to address unemployment in an ample reserves framework. 3 pts e. Graph the impact of the monetary policy change on your reserve graph in part c. Label the new policy rate PR2. 1 pt f. Show the impact of the monetary policy action on your Phillips Curve graph in part B. Label the new equilibrium point as B. 1 pt