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Question 9 (4 points) If the Fed makes an open market purchase of $1 million of securities to a bank, the bank's reserves . Excess

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Question 9 (4 points) If the Fed makes an open market purchase of $1 million of securities to a bank, the bank's reserves . Excess reserves Bank deposits and the quantity of money increase; increase; increase; increases increase; decrease; increase; increases decrease; increase; decrease; increases decrease; decrease; decrease; decreases

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