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Consider a $5 billion open market purchase of U.S. treasury securities by the Federal Reserve. The Banking System's balance sheet will specifically show: A. Decrease
Consider a $5 billion open market purchase of U.S. treasury securities by the Federal Reserve. The Banking System's balance sheet will specifically show:
A. Decrease in the size of the Fed's balance sheet
B. Increase in the size of the Fed's Balance Sheet
C. Decrease in commercial banks' reserves of $5 million
D. Decrease in the money base
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