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Suppose the federal reserve engages in open-market operations. it sells $20 billion in u. s. securities. it also raises the reserve ratio. this causes excess reserves to the money supply to and the money multiplier to
a. decrease; decrease; decrease
b. decrease; increase; increase
c. increase; increase; increase
d. increase; decrease; decrease
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Answers: 2
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Suppose the federal reserve engages in open-market operations. it sells $20 billion in u. s. securit...
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