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Question
The initial impact of the Fedʹs open market sale of government securities by the Federal Reserve is
A) an increase in the money supply by some multiple of the dollar volume of the sale.
B) an increase in commercial bank deposits at the Fed.
C) a fall in the money supply by some multiple of the dollar volume of the sale.
D) a reduction of the commercial banking systemʹs reserve deposits at the Fed.
Answer
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Related questions
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Why?
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