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Tazian Banking Statistics The Monetary Policy of Tazi Is Controlled by the Country's

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Tazian Banking Statistics
The Monetary Policy of Tazi is controlled by the country's central bank known as the Bank of Tazi. The local unit of currency is the Taz. Aggregate banking statistics show that collectively the banks of Tazi hold 300 million Tazes of required reserves, 75 million Tazes of excess reserves, have issued 7,500 million Tazes of deposits, and hold 225 million Tazes of Tazian Treasury bonds. Tazians prefer to use only demand deposits and so all currency is on deposit at the bank.
-Refer to Tazian Banking Statistics.Suppose that the Bank of Tazi purchased 50 million Tazes of Tazian Treasury Bonds from the banks.Suppose also that both the required reserve ratio and the percentage of deposits held as excess reserves stay the same.By how much does the money supply change?

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Definitions:

Violin Strings

The stretched cords made of various materials like gut, steel, or synthetic that, when vibrated, produce sound in a violin.

Sheep Intestines

Traditionally used in the manufacturing of natural sausage casings and also in the production of strings for musical instruments.

Catgut

A type of cord traditionally made from the natural fibers found in the intestines of animals, commonly used for musical instrument strings and surgical sutures.

Optimal Amount

The best or most efficient level of output or consumption that maximizes desired outcomes or minimizes costs.

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