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Mathematics, 16.10.2019 00:50 dpazmembreno
If the federal reserve sells $60,000 in treasury bonds to a bank at 6% interest, what is the immediate effect on the money supply?
a. it is increased by $60,000.
b. it is decreased by $2400.
c. it is increased by $2400.
d. it is decreased by $60,000.
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Answers: 2
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If the federal reserve sells $60,000 in treasury bonds to a bank at 6% interest, what is the immedia...
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