Table A below shows abbreviated balance sheets for the central bank in the country of Beckland and B shows tables for its whole commercial banking system. The target reserve ratio for the banks is 10 percent. (All figures are in billions of dollars) a. Suppose that the Bank of Beckland buys $2 billion of government securities (T-bills) from the commercial banks. Show the immediate effects of this transaction on the balance sheets in column (1) of Tables A and B. A) Central Bank of Beckland Assets (1) 198 Liabilities (1) 190 7 Treasury bills $196 Notes in circulation $19e 44 Short-tern loans to banks 8 Government deposits Deposits of banks 7 7 9 B) Beckland's Banking Systen Assets (1) (2) Liabilities Deposits (1) (2) Reserves: 15e in vaults 8 in Bank of Beckland 7 Securities 33 31 31 Short-term 1oans from Bank of Beckland 8 Loans to customers 115 Equity 5 b. What effect does this transaction have on the money supply of Beckland? Money supply does not change