rachelrobinson1930 rachelrobinson1930

15-04-2024
Business

contestada

Assume the Federal Reserve Board makes an Open Market Sale of $10,000 and the Required Reserve Ratio (RRR) equals 0.20. Following this open market sale the amount of loans (bank created money or inside money) decreases by
a. $50,000
b. $40,000
c. $100,000
d. $90,000

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