An open market _______ of $100 million of securities ______ A. Purchase; increases bank reserves B. Sale;
Question:
An open market _______ of $100 million of securities ______
A. Purchase; increases bank reserves
B. Sale; increases bank reserves
C. Purchase; decreases the Fed’s liabilities
D. Sale; increases the Fed’s liabilities
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Answer A When the Fed purcha...View the full answer
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