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33. If the Fed buys $10 million dollars in government bonds from a bank, and the required reserve ratio is 20 percent, the banking system

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33. If the Fed buys $10 million dollars in government bonds from a bank, and the required reserve ratio is 20 percent, the banking system is able to expand the money supply by: $10 million. b. $8 million. c. $2 million. d. $40 million. e. $50 million

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