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Loraine Loraine
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9 years ago
If the Fed purchases securities in the amount of $100,000 from First Union Bank, then the
A) assets of First Union Bank decrease by $100,000.
B) assets of the Fed decrease by $100,000.
C) assets of First Union Bank change in composition but not in amount.
D) liabilities of the Fed change in composition but not in amount.
E) liabilities of First Union decrease by $100,000.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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9 years ago
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Loraine Author
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9 years ago
Thanks for your help!!
SUmmerPeople
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Yesterday
Just got PERFECT on my quiz
mambah4
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2 hours ago
this is exactly what I needed
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