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Tidy Tidy
wrote...
Posts: 4852
9 years ago
A decrease in the discount rate ________ bank reserves and ________ the money supply if banks respond appropriately to the change in the rate.
A) increases; increases
B) increases; decreases
C) decreases; increases
D) decreases; decreases
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 232 times
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Answer verified by a subject expert
SydnieSydnie
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Posts: 3807
9 years ago
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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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