Please solve and explain how you solve If the Fed wants to increase the money supply by $800 billion, given a reserve re

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answerhappygod
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Please solve and explain how you solve If the Fed wants to increase the money supply by $800 billion, given a reserve re

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Please solve and explain how you solve
If the Fed wants to increase the money supply by $800 billion,
given a reserve requirement of 10%, what would they do? (Note that
for this problem, you are given the change in the money supply and
must work backwards to calculate the initial bond purchase.)
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