Suppose the fed decides to buy bonds and new hampshire colonial bank decides to sell $10 million worth of bonds. what will new hampshire colonial bank most likely be able to do? a) borrow more reserves from other banks. b) make new loans totaling about $10 million. c) reduce its outstanding loans by $10 million. d) borrow more reserves at the “discount window”.
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manifest functions are the recognized and intended consequences of any social pattern, while latent functions are those unrecognized and unintended consequences. to analyze the manifest functions of any social institution, we have to study its contribution to the continuation of a group, community, or society.