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Loraine Loraine
wrote...
Posts: 4563
8 years ago
Suppose the Fed buys $1 million of government securities from Bank One, a large commercial bank. Bank One's reserves ________ and its deposits ________.
A) increase by $1 million; do not change
B) increase by $1 million; increase by $1 million
C) do not change; increase by $1 million
D) do not change; do not change
E) decrease by $1 million; do not change
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 169 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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Posts: 3807
8 years ago
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Loraine Author
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8 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
Thanks for your help!!
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2 hours ago
This site is awesome
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