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Question
If the Fed purchases securities in the amount of $100,000 from First Union Bank, then theA) assets of First Union Bank decrease by $100,000.
B) assets of the Fed decrease by $100,000.
C) assets of First Union Bank change in composition but not in amount.
D) liabilities of the Fed change in composition but not in amount.
E) liabilities of First Union decrease by $100,000.
Answer
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Related questions
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E) the population keeps growing.
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