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Author Question: The purchase of 1 million of Treasury securities by the Federal Reserve, if there is no change in ... (Read 131 times)

ashley

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on: Jun 29, 2018
The purchase of 1 million of Treasury securities by the Federal Reserve, if there is no change in the quantity of currency, will cause reserves at banks to
 
  A) increase by 1 million. B) decrease by less than 1 million.
  C) decrease by 1 million. D) increase by less than 1 million.

Question 2

Autonomous expenditure is a type of expenditure that does not depend on
 
  A) GDP. B) wealth. C) expectations. D) rates.


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snackralk

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


ashley

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

dantucker

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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