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OpenStudy (anonymous):
HELP!! If the Federal Reserve sells $80,000 in Treasury bonds to a bank at 4% interest, what is the immediate effect on the money supply? A.It is decreased by $3200. B.It is increased by $80,000. C.It is decreased by $80,000. D.It is increased by $3200. I DID 80,000 - 6% (3200) = 76,800 I'M I RIGHT?
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