The Federal Reserve wants to increase the money supply by increasing the lending potential of commercial banks by $150 billion. It plans to use open-market operations to accomplish this goal. The current reserve requirement for commercial banks is 8 percent. Instructions: Enter your answer as a whole number. a. Will the Fed want to buy or sell government securities if sales or purchases of government securities are the only instrument used in the open-market operations

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answer; property tax payment made in july and december;

answer; closing the loop;

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