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The Federal Reserve decides to sell $150 million in government debt to households paying with checkable deposits. The current reserve requirement is 25%. Instructions: Enter

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The Federal Reserve decides to sell $150 million in government debt to households paying with checkable deposits. The current reserve requirement is 25%. Instructions: Enter your answer as a whole number. a. The Fed decision will lead to fewer reserves in the banking system and I money in circulation. b. The money supply will | decrease by a maximum of $ 600 million

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