Question
An open market purchase of a $100 government security from a bank results to the T-account entries for the Federal Reserve of A. plus $
An open market purchase of a $100 government security from a bank results to the T-account entries for the Federal Reserve of
A. plus $ 100 in securities and plus $ 100 in reserves.+
. B. -$ 100 in securities and and $100 in reserves.
C. +$100 in securities and $100 in reserves.
D. $100 in securities and +$100 in reserves.
An open market sale of a $100 to a bank results to the T-account entries for the Banking System of
A. -$100 in securities and +$100 in reserves.
B. -$100 in securities and -$100 in reserves.
C. +$100 in securities and -$100 in reserves.
D. +$100 in securities and +$100 in reserves.
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