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Business, 03.03.2020 05:06 zacharynugent

If the M1 multiplier is 3 and the Fed engages in open-market purchases in the amount of $3 billion, then monetary base will Group of answer choices increase by $3 billion. decline by $9 billion. decline by $3 billion. increase by $9 billion.

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If the M1 multiplier is 3 and the Fed engages in open-market purchases in the amount of $3 billion,...
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