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kolitchko kolitchko
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6 years ago
If the Fed makes a discount loan of $2 million to a commercial bank, the Fed's balance sheet will show
A) an increase in discount loans of $2 million and an increase in bank reserves of $2 million.
B) an increase in discount loans of $2 million and a decrease in bank reserves of $2 million.
C) a decrease in discount loans of $2 million and an increase in bank reserves of $2 million.
D) a decrease in discount loans of $2 million and a decrease in bank reserves of $2 million.
Textbook 
Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
Authors:
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vehmeinvehmein
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6 years ago
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kolitchko Author
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6 years ago
Smart ... Thanks!
lolaww
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Yesterday
Good timing, thanks!
Butwhy
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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