In case example 9.14, 84 lumber sued powerhouse to collect on a payment, and the parties entered into mediation. during mediation, powerhouse offered to pay less than the amount owed, and 84 lumber did not respond. powerhouse claimed they had an agreement, but the court ruled in 84 lumber's favor. which type of contractual issue was the basis for the court's ruling?

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.