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Author Question: If the Federal Reserve purchases 1 million in government securities in the open market, with a 25 ... (Read 42 times)

@Brianna17

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on: Jun 30, 2018
If the Federal Reserve purchases 1 million in government securities in the open market, with a 25 percent required reserve ratio on deposits, the maximum increase in deposits would be
 
  a. 4 million.
  b. 10 million.
  c. 25 million.
  d. -4 million.
  e. none of the above

Question 2

As an economy grows and develops, the police powers of the government with respect to controlling, regulating and inspecting businesses and their output become increasingly more costly to uphold and protect.
 
  Indicate whether the statement is true or false


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leahchrapun

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

True


@Brianna17

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Reply 2 on: Jun 30, 2018
Excellent

bbburns21

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Reply 3 on: Yesterday
:D TYSM

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