Business, 20.01.2021 02:40 slowik9467

Suppose that the reserve ratio is 10% when the Fed buys $25,000 of U. S. Treasury bills from the banking system. If the banking system does NOT want to hold any excess reserves, will be added to the money supply.

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Suppose that the reserve ratio is 10% when the Fed buys $25,000 of U. S. Treasury bills from the ban...