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valputin valputin
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Posts: 5754
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8 years ago
Financing government spending by selling bonds to the public, which pays for the bonds with currency,
A) leads to a temporary increase in the monetary base.
B) has no net effect on the monetary base.
C) leads to a permanent increase in the monetary base.
D) leads to a permanent decline in the monetary base.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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8 years ago
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valputin Author
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8 years ago
Thank you
Our course uses > The Economics of Money, Banking and Financial Markets
wrote...
8 years ago
You're very welcome, valputin
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