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The following two questions refer to the below information: The trading desk at the Federal Reserve bought $800 million in T-Bills. If the current reserve
The following two questions refer to the below information: The trading desk at the Federal Reserve bought $800 million in T-Bills. If the current reserve requirement is 10%, how much will the money supply change in billions?
Please be sure to include the sign if it is relevant. If the reserve requirement were 16%, what would the change in the money supply be (in billions)? Please be sure to include the sign if it is relevant
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