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NYC NYC
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8 years ago
When the Fed lowers the required reserve ratio, the banks' excess reserves ________ and the money supply ________.
A) increase; increases
B) increase; remain constant
C) remains constant; decreases
D) decrease; decreases
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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8 years ago
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NYC Author
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#2
8 years ago
I was thinking the same, thank you
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