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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.

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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