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Mathematics 12 Online
22MDill:

if the federal reserve sells 80000 in treasury bonds to a bank at 7% interest, what is the immediate effect on the money supply?

mylesnewman:

it is decreased by $80,000

bleedout:

@mylesnewman wrote:
it is decreased by $80,000
no direct answers and how did u get that"?

mylesnewman:

interest doesn't immediately apply

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