Business, 28.12.2019 04:31, agilitygirl1

If an individual investor sells a $100 bond to a central bank, she may either cash the check for currency or deposit or the check she receives. in both cases

a. reserves decrease.
b. high-powered money decreases.
c. reserves increase.
d. high-powered money increases.

Answers: 1

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If an individual investor sells a $100 bond to a central bank, she may either cash the check for cur...