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vfiekz [6]
3 years ago
6

If the Federal Reserve sells $60,000 in Treasury bonds to a bank at 6% interest, what is the immediate effect on the money suppl

y?
A. It is increased by $60,000.
B. It is decreased by $2400.
C. It is increased by $2400.
D. It is decreased by $60,000.
Mathematics
2 answers:
TiliK225 [7]3 years ago
4 0
I believe c to be the answer

Aleksandr [31]3 years ago
3 0
<span>60,000 - 4% = ? Just do this and you will get your answer. </span>
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