Sorin Inc., a company that produces and sells a single product, has provided its contribution format income statement for January. Sales (5,000 units) $ 145,000 Variable expenses 69,600 Contribution margin 75,400 Fixed expenses 59,600 Net operating income $ 15,800 If the company sells 5,300 units, its total contribution margin should be closest to: (Do not round intermediate calculations.)

Explain whether 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. d. citibank repays a loan it had previously taken from the fed. e. after a rash of pickpocketing, people decide to hold less currency. f. fearful of bank runs, bankers decide to hold more excess reserves. g. the fomc increases its target for the federal funds rate.