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QUESTION 16 Consider the balance sheets of a Central Bank and the consolidated commercial bank system. Supose the Central Bank conducts an open market sale

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QUESTION 16 Consider the balance sheets of a Central Bank and the consolidated commercial bank system. Supose the Central Bank conducts an open market sale of $100 of securities. Write the new balance sheets. Central Bank Banks' Reserves Securities Loans Currency Government Account Foreign Exchange Reserves 20 200 40 60 150 50 Commercial Banks Borrowings 20 Reserves Securities Equity 50 200 50 Loans Deposits 400 580 T.S.E TT T Arial 3 (12pt) Click Save and Submit to save and submit. Click Save All Answers to save all answers

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