Question
The Federal Reserve System sell $200 government bonds to a commercial bank. The commercial bank pay by vault cash. How is it going to change
The Federal Reserve System sell $200 government bonds to a commercial bank. The commercial bank pay by vault cash. How is it going to change the Federal Reserve’s balance sheet?
| Banking System | ||
| Assets | Liabilities | |
| Securities | ||
| Reserves |
| Federal Reserve System | |||
| Assets | Liabilities | ||
| Securities | Reserves |
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When the Federal Reserve System sells 200 government bonds to a commercial bank for vault cash the f...
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Business A Changing World
Authors: O. C. Ferrell, Geoffrey Hirt, Linda Ferrell
10th edition
1259179397, 978-1259179396
