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Tidy Tidy
wrote...
Posts: 4852
9 years ago
The sale of Treasury securities by the Federal Reserve will, in general
A) not change the money supply.
B) not change the quantity of reserves held by banks.
C) increase the quantity of reserves held by banks.
D) decrease the quantity of reserves held by banks.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 163 times
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Answer verified by a subject expert
SydnieSydnie
wrote...
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Posts: 3807
9 years ago
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wrote...
8 years ago
I was confident with my answer, glad it was correct.

Oh, and thumbs-up are more than welcome Slight Smile
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