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johnpaul92 johnpaul92
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8 years ago
If the money multiplier is 10, the sale of $1 billion of securities by the Fed on the open market causes a
A) $1 billion increase in the money supply.
B) $10 billion decrease in the money supply.
C) $1 billion decrease in the money supply.
D) $10 billion increase in the money supply.
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Macroeconomics

Macroeconomics


Edition: 8th
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supamansupaman
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8 years ago
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johnpaul92 Author
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#2
8 years ago
This answers my question, thank you so much
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