The numerator in the quick ratio includes all of the following except a.Temporary Investments. b.Accounts Receivable. c.Inventor
1 answer:
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Answer:
The correct answer is option D.
Explanation:
The reserve requirement is 20 percent.
The Fed purchases $100 million of U.S. securities from security dealers.
The excess reserves with banks are zero.
When fed purchased securities, this open market operation increased the reserves with banks by $100 million.
The increase in money supply
=
=
= 500