question archive If the reserve requirement is 25% and the chartered banks have lent out all their excess reserves, an open market sale of $400,000 worth of government securities by the bank of Canada will: ( a) decrease the money supply by up to $1
If the reserve requirement is 25% and the chartered banks have lent out all their excess reserves, an open market sale of $400,000 worth of government securities by the bank of Canada will: ( a) decrease the money supply by up to $1
Subject:EconomicsPrice: Bought3
If the reserve requirement is 25% and the chartered banks have lent out all their excess reserves, an open market sale of $400,000 worth of government securities by the bank of Canada will: ( a) decrease the money supply by up to $1.6 million ()b) boost the money supply by up to $1.6 million O c) increase the money supply by up to $300,000 (O d) decrease the money supply by up to $100,000 ( e) increase the money supply by up to $100,000
