1. Typically, the money supply will decrease if:

1. the Fed makes fewer loans at its discount window.
2. the Fed sells securities on the open market.
3. the Fed raises reserve requirements.
4. all of the above.
5. None of the above

1. The monetary base will decrease when:

1. banks withdraw currency from the Fed.
2. the Fed makes loans at the discount window.
3. the Fed sells securities on the open market.
4. the Fed buys securities on the open market.
5. None of the above