Types of assets that compose the System Open Market Account (SOMA) of the Federal Reserve

What are the types of assets that compose the System Open Market Account (SOMA) of the Federal Reserve?

What are the liabilities of the Federal Reserve Bank?

What are bank reserves? What is the difference between required bank reserves and excess bank reserves?

What is the difference between M1 and high-powered money also known as the “monetary base”?

If the Fed increases how powered money does the money supply (M1) increase?

Links to help you answer:

https://www.pbs.org/newshour/economy/making-sense/how-the-feds-balance-sheet-works-and-why-investors-care
https://www.newyorkfed.org/markets/soma/sysopen_accholdings
https://www.federalreserve.gov/monetarypolicy/bst_fedsbalancesheet.htm
https://www.federalreserve.gov/faqs/money_12845.htm
https://www.stlouisfed.org/~/media/files/pdfs/publications/pub_assets/pdf/re/2013/b/reader_exchange.pdf

Sample Solution