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Advocard [28]
3 years ago
7

If the Federal Reserve sells $40,000 in Treasury bonds to a bank at 5% interest, what is the immediate effect on the money suppl

y?
Mathematics
2 answers:
Fiesta28 [93]3 years ago
8 0
Decrease by $40,000----->apex
stich3 [128]3 years ago
6 0
If the federal reserve sells $40,000 in treasury bonds to a bank with 5% interest the immediate effect on the money supply is an decrease of $40,000.
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