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vellojo vellojo
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Posts: 2982
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7 years ago
The initial impact of the Fed's open market sale of government securities to banks is
A) a decrease of the banking system's reserve deposits at the Fed.
B) a decrease in the quantity of money by some multiple of the dollar volume of the sale.
C) an increase in bank deposits at the Fed.
D) an increase in the quantity of money by some multiple of the dollar volume of the sale.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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amishamish
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Posts: 475
7 years ago
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vellojo Author
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7 years ago
I went through a flood of websites until I signed up here lol Glad I did
Studying economics @ Edinburgh U
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