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macroeconomics This Question: 1 pt 19 of 30 (15 The desired reserve ratio is 10 percent but banks have decided they want to keep 20

macroeconomics

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This Question: 1 pt 19 of 30 (15 The desired reserve ratio is 10 percent but banks have decided they want to keep 20 percent of deposits as reserves, There are no currency drains. If the Bank of Canada buys $1 million of government securities, the money supply will O A. increase by $5 million. O B. increase by $1 million. O C. increase by 510 million. O D. not change because of the excess reserves banks keep on hand

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