Question
Suppose that Bank Negara Malaysia sells RM1 billion of government securities to banks in the open market operation, what is the impact on monetary base?
Suppose that Bank Negara Malaysia sells RM1 billion of government securities to banks in the open market operation, what is the impact on monetary base?
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Foundations of Macroeconomics
Authors: Robin Bade, Michael Parkin
8th edition
134492005, 978-0134492001
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