Suppose the federal reserve (fed) decides the current money supply of $2.1 trillion is too low, and that an increase of $ 400 billion is necessary. what tool can the fed use to accomplish this increase? assume the current reserve ratio is 0.1 . sell government securities. buy government securities. increase the interest paid on bank reserves. increase the reserve ratio. calculate the change in reserves necessary to achieve the $ 400 billion increase. $ billion

Clooney corp. establishes a petty cash fund for $225 and issues a credit card to its office manager. by the end of the month, employees made one expenditure from the petty cash fund (entertainment, $20) and three expenditures with the credit card (postage, $59; delivery, $84; supplies expense, $49).record all employee expenditures, and record the entry to replenish the petty cash fund. the credit card balance will be paid later. (if no entry is required for a transaction/event, select "no journal entry required" in the first account record expenditures from credit card and the petty cash fund.