At Westonci.ca, we provide clear, reliable answers to all your questions. Join our vibrant community and get the solutions you need. Get quick and reliable solutions to your questions from a community of seasoned experts on our user-friendly platform. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

Explain whether, and why/how each of the following events increases or decreases the money supply.

a. The fed buys bonds in open-market operations.
b. The fed reduces the reserve requirement.
c. The fed increases the interest rate it pays on reserves.