The Fed Sells $300 Million U

The Fed sells $300 million U.S. government securities to commercial banks. This action leads to ________ in Fed assets and ________ in Fed liabilities.

A) a $300 million increase; a $300 million increase
B) a $300 million increase; a $300 million decrease
C) no change in Fed assets; no change in Fed liabilities
D) a $300 million decrease; a $300 million decrease in
E) a $300 million decrease; a $300 million increase