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Loraine Loraine
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Posts: 4563
8 years ago
When the Fed buys $100 million of securities from a commercial bank, the
A) monetary base increases.
B) money supply decreases.
C) bank's reserves decrease.
D) required reserve ratio decreases.
E) bank is risking its depositors' money.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 165 times
2 Replies
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.

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Replies
wrote...
8 years ago
A
wrote...
8 years ago
I was confident with my answer, glad it was correct.

Oh, and thumbs-up are more than welcome Slight Smile
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