If the Federal Reserve sells $30,000 in Treasury bonds to a bank at 4%
interest, what is the i...
Mathematics, 20.03.2020 11:50 jrfranckowiak
If the Federal Reserve sells $30,000 in Treasury bonds to a bank at 4%
interest, what is the immediate effect on the money supply?
A. It is decreased by $31,200.
B. It is increased by $31,200.
c. It is decreased by $30,000.
D. It is increased by $30,000.
Answers: 1
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