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Part 2 (1 point) The Federal Reserve sells $30.00 million in Treasury securities. If the required reserve ratio is 10.00
Posted: Thu May 19, 2022 8:42 am
by answerhappygod
- Part 2 1 Point The Federal Reserve Sells 30 00 Million In Treasury Securities If The Required Reserve Ratio Is 10 00 1 (11.71 KiB) Viewed 70 times
Part 2 (1 point) The Federal Reserve sells $30.00 million in Treasury securities. If the required reserve ratio is 10.00%, and all currency is deposited into the banking system, and banks hold excess reserves of 10%, then the maximum amount the money supply can decrease is million. (Insert your answer in millions, and round your answer to two decimal places.)