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bananas87 bananas87
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A year 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 deposits ________ and reserves ________.

▸ remain unchanged; decrease by $10 million

▸ increase by $10 million; increase by $10 million

▸ remain unchanged; increase by $10 million

▸ increase by $10 million; decrease by $10 million
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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mlwpcdmlwpcd
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bananas87 Author
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A year ago
Thank you, thank you, thank you!
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Thanks for your help!!
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Just got PERFECT on my quiz
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