Looking for some help with these multiple choice questions please

Question 1:

The total demand for money will shift to the left as a result of: Multiple Choice O an increase in nominal GDP. O a change in the interest rate. Q a decline in nominal GDP. 0 an increase in the price level. A chartered bank has actual cash reserves of $1 million and demand-deposit liabilities of $9 million, and the desired reserve ratio is 10 percent. The excess reserves of the bank are: Multiple Choice 0 $1 million. $100,000. $50,000. 0 0 $900,000. 0 Assume that the desired reserve ratio for the chartered banks is 25 percent. If Bank of Canada buys $3 billion in government securities from chartered banks we can say that, as a result ofthis transaction, the lending ability of the chartered banking system will: Multiple Choice 0 decrease by $9 billion. increase by $12 billion. 0 increase by $15 billion. increase by $9 billion. Assume Canada is experiencing an 8 percent annual rate of inflation and is also incurring a trade deficit. All else equal, the use of appropriate monetary policy to reduce inflation would: Multiple Choice O decrease our trade deficit. O increase our trade deficit. O cause the dollar to depreciate in value. O have no impact on our trade deficit