If the Fed sells government securities to a member of the nonbank public, then the resulting effect on the quantity of money is
A)much larger than if the securities were sold to a bank.
B)much smaller than if the securities were sold to a bank.
C)the same as if the securities were sold to a bank.
D)that there is no change in the quantity of money.
E)None of the above answers are correct.

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The Answer of If the Fed sells government securities to a member of the nonbank public, then the resulting effect on the quantity of money is
A)much larger than if the securities were sold to a bank.
B)much smaller than if the securities were sold to a bank.
C)the same as if the securities were sold to a bank.
D)that there is no change in the quantity of money.
E)None of the above answers are correct.

If the Fed Sells Government Securities to a Member of the Nonbank