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Lola1 Lola1
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2 months ago
Scenario: The following table shows the initial balance sheets of Bank A and the Fed. Suppose that the Fed then buys $10 million in bonds from Bank A.




Refer to the scenario above. After this transaction, Bank A's total liabilities equal ________.

▸ $130 million

▸ $110 million

▸ $140 million

▸ $120 million
Textbook 

Macroeconomics


Edition: 3rd
Authors:
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bcyberbcyber
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2 months ago
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$120 million

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Lola1 Author
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2 months ago
this is exactly what I needed
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Brilliant
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Just got PERFECT on my quiz
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