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Assume that the Bank of Canada buys a $958762 bond from a charted bank when the reserve ratio is 4%. As such the excess reserves

Assume that theBank of Canada buys a $958762 bond from a charted bankwhen the reserve ratio is 4%. As such theexcess reserves of the charted bankwill

A.Increase by $920114

B.Decrease by $460978

C.Decrease by $58062

D.Increase by $958762

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