Please assist:

Question is:

Assume the following:

Monetary Base = 2700

Reserve-Deposit Ratio = 0.3

Currency-Deposit Ratio = 0.3

Suppose the reserve-deposit ratio reduces to 0.2, calculate the change in money supply.

You must indicate whether money supply will increase or decrease.

Round off to two decimal places.

Assume thatthe monetary base is R2 700. the reservedeposit ratio is 0.3, and the currencydeposit ratio is 0.3. Suppose the reserve-deposit ratio is subsequently reduced to 0.2. Calculate the change in moneyr supply. {Ensure thatyou have stated whether the money supply increases or decreases.}{where applicable. round offto the second decimal place.}