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Which of the following happens if the Fed buys bonds from a private bank?
greyfrost
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Which of the following happens if the Fed buys bonds from a private bank?
Which of the following happens if the Fed buys bonds from a private bank?
▸ The private bank's composition of assets remain unchanged.
▸ The Fed's total assets decrease.
▸ The Fed's total liabilities remain unaffected.
▸ The private bank's total assets remain unchanged.
Textbook
Macroeconomics
Edition:
3
rd
Authors:
Acemoglu, Laibson, List
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The private bank's total assets remain unchanged.
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greyfrost
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This site is awesome
Jodias
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You make an excellent tutor!
Ifekwunigwe
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Good timing,
thanks!
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