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Please help me. Thank you. Question 29 2.5 pts Suppose that the reserve requirement is 5% and that commercial banks are holding excess reserves. If

Please help me. Thank you.

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Question 29 2.5 pts Suppose that the reserve requirement is 5% and that commercial banks are holding excess reserves. If the Federal Reserve conducts an open-market purchase of $40 billion, the money supply will grow by O less than $200 billion O None of these answers is correct. O more than $800 billion O less than $800 billion

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