Question: Using recent data: The Fed's balance sheet totaled $8,965 billion at its high watermark in April 2022 and as of late August 2023 was down

Using recent data: The Fed's balance sheet totaled $8,965 billion at

Using recent data: The Fed's balance sheet totaled $8,965 billion at its high watermark in April 2022 and as of late August 2023 was down to $8,140 billion. Assuming the US Required Reserve Ratio is 10%, how much has the US Money Supply changed in billions of dollars (\$billion)? Again, please remember to use the right sign if this is a contractionary move

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