An open market sale of U.S.Treasury securities by the Fed will cause the Banking System's balance sheet to show:
A) Only an increase in liabilities
B) Only a decrease in assets
C) No net change in assets or liabilities, only a change in the composition of assets with securities decreasing and reserves increasing
D) No net change in assets or liabilities, only a change in the composition of assets with securities increasing and reserves decreasing
Correct Answer:
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