True, False, or Uncertain [2D marks 5 marks each] 211-] 211-1 211-3 211-4 Explain why each of the following statements is True1 False, or Uncertain according to economic principles. Use diagrams where appropriate and show your calculations. Unsupported answers will receive no marks. It is the explanation that is important. . The debit card in your wallet is part of your money holdings. . Suppose the yield on a bond that pays $100 in one year is currently 2%. If interest rates suddenly spike so that newly issued similar 1 year $100 bonds yield 4%., the price of the original bond will fall 'om 93.04 to 96.15. . Imagine an economy that keeps all of its money in the form of deposits in a banking system that has a 5% reserve ratio. If the central bank buys lB of government bonds from the banking system, then loans, deposits and the money supply will increase by Ell-[IE when the banking system returns to equilibrium. [IIitll'L Include a bank system balance sheet that shows the changes to the various categories.] . A given monetary policy induced decrease in interest rates has more effect on aggregate expenditures the more interest rate responsive [elastic] is the investment schedule