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Assume there are no excess reserves in the banking system initially, the required reserve ratio is 16.7% (or 1/6), and the Federal Reserve buys $100,000 worth of government securities in the open market. As a result of this action by the Fed, the M1 measure of the money supply can ultimately Select one: O a. decrease by up to $600,000. O b. increase by up to $600,000. c increase by up to $100,000, O d. decrease by up to $100,000, O e. increase by $83,333