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Mathematics 16 Online
OpenStudy (anonymous):

If the Federal Reserve buys $40,000 in Treasury bonds from a bank at 6% interest, what is the immediate effect on the money supply? A.It is decreased by $40,000. B.It is increased by $40,000. C.It is increased by $2400. D.It is decreased by $2400.

OpenStudy (anonymous):

it is increased by $40,000

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