What is the answer?

9 Answer is complete but not entirely correct. Suppose the Federal Reserve decided to sell $15 billion worth of government securities in the open market. a. By how much will M1 change initially if the entire $15 billion is withdrawn from transactions accounts? Note: If M1 decreases be sure to include a negative sign (-) in front of your answer. M1 will initially change by: $ -15 Q billion b. How will the lending capacity of the banking system be affected if the reserve requirement is 5 percent? Note: If lending capacity decreases be sure to include a negative sign (-) in front of your answer. Total lending capacity will change by: $ 300 @ hillion c. How will banks induce investors to respond to this change in lending capacity? Wil:fthe money supply increases, interest rates decrease ?unnddlsnvestors will want to borrow more and investors will want to borrow fewer funds. If the money supply decreases, interest rates will increase