If the federal reserve sells $30,000 in treasury bonds to a bank at 4% interest, what is
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Mathematics, 08.10.2019 18:20 mprjug6
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?
o
a. it is decreased by $31,200
o
b. it is increased by $30,000.
o
c. it is decreased by $30,000.
xo
d. it is increased by $31,200.
Answers: 2
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