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Business, 19.08.2019 22:30 dianamunoz580

Assume that the required reserve ratio for the commercial banks is 25 percent. if the federal reserve banks buy $3 billion in government securities from the non-bank securities dealers, then as a result of this transaction, the lending ability of the commercial banking system will increase by:
a. $4.5 billion b. $9 billion c. $12 billion d. $15 billion

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Assume that the required reserve ratio for the commercial banks is 25 percent. if the federal reserv...
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