Question

@Loveiskey18

if the Federal Reserve sells $60,000 in Treasury bonds to a bank at 4% interest, what is the immediate effect on the money supply?

A. It is increased by $60,000.
B. It is decreased by $2400.
C. It is increased by $2400.
D. It is decreased by $60,000.

Answer 1

keyword immediate

Answer 2

increase?

Answer 3

60,000 - 4% = ?
Just do this and you will get your answer.
You already have the first part correct.

Answer 4

a @Loveiskey18

Answer 5

Try again :)

Answer 6

d?

Answer 7

It has increase in it.

Answer 8

thats y i said a

Answer 9

It's C.

Answer 10

how when i got a different answer

Answer 11

What answer did you obtain ?