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Author Question: Suppose the Fed bought 150 million of U.S. securities from security dealers. The reserve requirement ... (Read 43 times)

vicotolentino

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Suppose the Fed bought 150 million of U.S. securities from security dealers. The reserve requirement is 20 percent, and there are no initial excess reserves. A few weeks later, if the public's holdings of currency are constant and the banks have loaned all excess reserves, the money supply will increase by:
 a. 150 million. b. 300 million.
  c. 600 million. d. 750 million.

Question 2

Waste systems and highways are part of a nation's infrastructure.
 a. True
  b. False
  Indicate whether the statement is true or false



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miss.ashley

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Answer to Question 1

d

Answer to Question 2

True




vicotolentino

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Reply 2 on: Jun 30, 2018
Excellent


mammy1697

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Reply 3 on: Yesterday
Gracias!

 

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