There is a reserve requirement of 12 percent in the United States. If the Federal Reserve makes an open market purchase
Posted: Sun Jul 03, 2022 1:00 pm
- There Is A Reserve Requirement Of 12 Percent In The United States If The Federal Reserve Makes An Open Market Purchase 1 (75.97 KiB) Viewed 14 times
I just wanted to know if my answer was correct. It is not A as I had gotten it wrong the first time. thank you so much!There is a reserve requirement of 12 percent in the United States. If the Federal Reserve makes an open market purchase of $30 million, the money supply will Multiple Choice decrease by $360 million. decrease by $250 million. increase by $360 million. increase by $250 million.