Can anyone help me with these problems??
Complete the following problems
1. Calculate the money multipliers for the following reserve requirements when individuals hold no cash;
2. If the reserve requirement is 20% and individuals hold no cash, calculate the amount of government securities that the Fed would need to either buy or sell to increase the money supply by $2 million, and indicate if they buy or sell.
3. Does the value of the dollar rise or fall for each of the following:
a. Fed makes substantial purchase of securities
b. Banks increase lending
4. If the money supply is $500, the velocity is 8 and the price level is $2, calculate:
a. The level of nominal output (GDP)
b. The quantity of production
c. If the money supply rises by 20%, calculate the new level of nominal output
d. If prices remained unchanged, calculate the new quantity of production.