34 as a percent is 3400%
In order to get this number you move the decimal to places to the right:
34.0 ---> 3400.0 =
3400%
Answer : A it is decreased by $70,000
Federal reserve sells $70,000 in treasury bonds to a bank.
Removing cash decreases the money supply . Money supply decreases when exchanging for bonds. That is the immediate effect on money supply.
Federal reserve sells $70,000 . so money supply is decreased by $70,000
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Answer:
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