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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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Posts: 4563
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8 years ago
A currency drain is
A) an increase in currency held outside banks.
B) when the Fed buys securities, but it is not when the Fed sells securities.
C) when the Fed sells securities, but it is not when the Fed buys securities.
D) when the Fed either buys or sells securities.
E) when the Fed raises the required reserve ratio.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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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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#1
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8 years ago
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Loraine Author
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8 years ago
Smart ... Thanks!
mkyoungs
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Yesterday
Helped a lot
jodie1
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2 hours ago
You make an excellent tutor!
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