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Business, 27.06.2020 05:01 tshepi5348
Suppose the Fed bought $150 million of U. S. securities from the public. The reserve requirement is 20 percent, and there are no initial excess reserves. A few weeks later, if the public's holdings of currency are constant and the banks have loaned all excess reserves, the money supply will increase by
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Suppose the Fed bought $150 million of U. S. securities from the public. The reserve requirement is...
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