The Reserve Bank buys $100 million of government securities from Bank One.Bank One's balance sheet shows this transaction as ________ in total assets and ________ in reserves.
A) a $100 million increase;a $100 million increase
B) a $100 million decrease;a $100 million decrease
C) a $100 million increase;no change
D) no change;a $100 million decrease
E) no change;a $100 million increase
Correct Answer:
Verified
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