The Fed conducts an open-market sale of Treasury bills of $5 million. If the required reserve ratio is 0.20, what change

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answerhappygod
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The Fed conducts an open-market sale of Treasury bills of $5 million. If the required reserve ratio is 0.20, what change

Post by answerhappygod »

The Fed conducts an open-market sale of Treasury bills of $5
million. If the required reserve ratio is 0.20, what change in the
money supply can be expected using the oversimplified money
multiplier
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