The Fed buys $100 million U.S.government securities from Bank of America.Bank of America's balance sheet shows this transaction as ________ in total assets and ________ in reserves.
A) no change;a $100 million decrease
B) no change;a $100 million increase
C) a $100 million increase;no change
D) a $100 million increase;a $100 million increase
E) a $100 million decrease;a $100 million decrease
Correct Answer:
Verified
Q223: To increase the quantity of money in
Q224: If the Fed purchases securities in the
Q225: When the Fed purchases government securities _
Q226: The Fed sells $300 million U.S.government securities
Q227: When the Fed sells $100 million of
Q229: When the Fed purchases government securities,
A)excess reserves
Q230: If the Fed sells government securities to
Q231: The Fed purchases $100 million of U.S.government
Q232: Assume the desired reserve ratio is 10
Q233: Suppose the Fed buys $1 million of
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