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valputin valputin
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Posts: 5754
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8 years ago
The financing of government spending by issuing debt
A) has no net effect on the monetary base.
B) causes reserves to rise, but the monetary base to decline.
C) causes both reserves and the monetary base to decline.
D) causes both reserves and the monetary base to rise.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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8 years ago
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valputin Author
wrote...
8 years ago
Perfect answer, thx
Our course uses > The Economics of Money, Banking and Financial Markets
wrote...
8 years ago
You're very welcome, valputin
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