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11) A discount loan by the Fed to a bank causes a(n) ________ in reserves in the banking system and a(n) ________ in the monetary

11) A discount loan by the Fed to a bank causes a(n) ________ in reserves in the banking system and a(n) ________ in the monetary base.

A) increase; decrease

B) decrease; decrease

C) decrease; increase

D) increase; increase

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