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1.    Using the numbers from the previous question, what is the size (in millions) of the country’s labor force? a.    32b.    26c.    38d.    35e.    31ANSWER:2.    If the reserve requirement is 8%, and the central bank increases the quantity of reserves in the banking system by $6.4 billion, the money supply increases (in billions of dollars) by: a.    0 b.    1.152 c.    75 d.    9.6e.    80ANSWER:3.    A bank has capital of $50 million, and a leverage ratio of 8. If the value of the bank’s assets decline by 10%, then its capital will be reduced to (in millions of dollars): a.    45b.    8c.    10d.    0e.    20f.     -30ANSWER: