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
Parallelogram opposites side theorem which states that If a quadrilateral is a parallelogram , then it’s opposite sides are congruent
Find the number that when multiplied with 350 will give you 24.5. This number happens to be .07 or in terms of sales tax, 7%.