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Consider the table. Assets Liabilities Macmillan Learning Federal Reserve $A $B Commercial banks Treasury bills $C Reserves $D No change Suppose that the Federal Reserve
Consider the table. Assets Liabilities Macmillan Learning Federal Reserve $A $B Commercial banks Treasury bills $C Reserves $D No change Suppose that the Federal Reserve decides to decrease the money supply with a $300 sale of Treasury bills. Complete the tables that represent the financial position of the Federal Reserve and commercial banks after this open-market operation. Be sure to use a negative sign for reduced values. A $ B $ C$ D $ For the Federal Reserve, what are assets? What are liabilities
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