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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 200 20 150 60 50 40 Commercial Banks Reserves Securities Loans Deposits Borrowings Equity 50 400 580 20 50 200 Paragraph Arial 4 3 (12pt) %DQ TT fc Mashups EE HTML CSS T e

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