Bank reserves increase when the Treasury finances an expenditure through
A) taxation.
B) borrowing from the non-bank public.
C) borrowing from the banking system.
D) borrowing from the Fed.

Question

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The Answer of Bank reserves increase when the Treasury finances an expenditure through
A) taxation.
B) borrowing from the non-bank public.
C) borrowing from the banking system.
D) borrowing from the Fed.

Bank Reserves Increase When the Treasury Finances an Expenditure Through