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NYC NYC
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8 years ago
The money supply has decreased from $1.5 trillion to $1 trillion. Which of the following could have caused this increase?
A) Commercial banks decide to hold fewer excess reserves.
B) Consumers who were holding money within the banking system withdraw this money.
C) The Fed purchased government securities from the public.
D) The Fed decreased the discount rate.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
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JesslynJesslyn
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8 years ago
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NYC Author
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#2
8 years ago
Perfect answer, thank you
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