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Business, 14.10.2019 21:30 james234886

Refer to exhibit 13-1. suppose that the federal reserve conducts open market operations by purchasing $1,000 worth of government securities from bank

a. as a result, bank a finds itself with $1,000 in excess reserves that it lends out and those funds end up in bank

b. what dollar value goes in blanks (a) and (b), respectively? .

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