Business
Business, 22.08.2019 00:10, b4b4b4

Assume the reserve ratio is 25 percent and federal reserve banks buy $4 million of u. s. securities from the public, which deposits this amount into checking accounts. as a result of these transactions, the supply of money is:

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Assume the reserve ratio is 25 percent and federal reserve banks buy $4 million of u. s. securities...

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