Which of the following will occur if the Fed buys 10 million of ...

[jlmhmf]

Which of the following will occur if the Fed buys 10 million of securities from the University National Bank?
 
  A) The Fed will pay by increasing the University National Bank's deposit account with the Fed by 10 million.
  B) The University National Bank has 10 million more in securities.
  C) The Fed will pay by decreasing the University National Bank's deposit account with the Fed by 10 million.
  D) The University National Bank has 10 million less in excess reserves.

Question 2

In the figure above, the tariff ________ the domestic production of shirts in the United States by ________ per year.
 
  A) increases; 8 million
  B) decreases; 16 million
  C) increases; 4 million
  D) decreases; 8 million

[TheNamesImani]

Answer to Question 1

A

Answer to Question 2

A

[jlmhmf]

YES! Correct, THANKS for helping me on my review

[tkempin]

Thanks for the timely response, appreciate it