The Reserve Bank sells $30 million government securities to banks.This action leads to ________ in Reserve Bank assets and ________ in Reserve Bank liabilities.
A) a $30 million increase;a $30 million increase
B) a $30 million decrease;a $30 million decrease
C) no change;no change
D) a $30 million increase;a $30 million decrease
E) a $30 million decrease;a $30 million increase
Correct Answer:
Verified
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