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MissTica
3 years ago
10

If the Federal Reserve sells $30,000 in Treasury bonds to a bank at 4% interest, what is the immediate effect on the money suppl

y?
Mathematics
2 answers:
Mashutka [201]3 years ago
7 0
Now, as for the other part, the question is vague here. It does not specify whether "money supply" refers to the money in the government (therefore it would increase) or if it refers to the public (in which case it decreases). <span>it is decreased by $30,000.</span>
salantis [7]3 years ago
3 0

Answer:

Decreases by 30,000

Step-by-step explanation:

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Answer:

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Step-by-step explanation:

A local maximum or local minimum is the point where the tangent drawn to it is parallel to the x axis.

The crest of a wave is local maximum and the trough of wave is local minimum.

Here, in the graph, there are 2 troughs and 1 crest.

The crest is at (1.55,10.8). So, the local maximum is at (1.55,10.8).

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3 years ago
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7 0
3 years ago
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Step-by-step explanation:

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