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Loraine Loraine
wrote...
Posts: 4563
8 years ago
When the Fed sells government securities to banks, the sale
A) increases banks' reserves.
B) increases the quantity of money.
C) creates more excess reserves.
D) decreases banks' reserves.
E) increases the monetary base.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 180 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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Top Poster
Posts: 3807
8 years ago
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Loraine Author
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8 years ago
This site is awesome
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You make an excellent tutor!
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Thanks
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