Question: Please answer: 1.While cleaning your apartment, you look under the sofa cushion and find a $150 bill (and a half-eaten taco). You deposit the bill

Please answer: 1.While cleaning your apartment, you look under the sofa cushion and find a $150 bill (and a half-eaten taco). You deposit the bill in your chequing account. The bank's reserve requirement is 25% of deposits. A. What is the maximum amount that the money supply could increase? B. What is the minimum amount that the money supply could increase? 2. The money supply includes all EXCEPT which of the following? a. metal coins b. paper currency cl lines of credit accessible with credit cards d. bank balances accessible with debit cards 3. What characteristics of an asset make it useful as a medium of exchange? As a store of value? 4. Consider how the following situations would affect the economy's monetary system. a. Suppose that the people on Yap discovered an easy way to make limestone wheels How would this development affect the usefulness of stone wheels as money? Explain. b. Suppose that someone in Canada discovered an easy way to counterfeit $100 bills. How would this development affect the Canadian monetary system? Explain

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