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Need a little help with this question, please explain. Thank you! Suppose that the Federal Reserve Bank purchases $100 million worth of securities during open
Need a little help with this question, please explain. Thank you!
Suppose that the Federal Reserve Bank purchases $100 million worth of securities during open market operations from a commercial bank. As a result, reserves ______ and so, the monetary base _______
increase; increases
increase; decreases
decrease; decreases
decrease; increases
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