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Suppose that the Federal Reserve Bank purchases $100 million worth of securities during open market operations from a commercial bank. As a result, reserves ______
Suppose that the Federal Reserve Bank purchases $100 million worth of securities during open market operations from a commercial bank. As a result, reserves ______ and so, the monetary base ______.
a increase; increases
b increase; decreases
c decrease; descreases
e decrease; increases
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