The purchase of 1 million of Treasury securities by the Federal ...

[ashley]

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.

[snackralk]

Answer to Question 1

A

Answer to Question 2

A

[ashley]

Thanks for the timely response, appreciate it

[kswal303]

TYSM