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chris20354 chris20354
  • 17-02-2017
  • Mathematics
Answered

If the Federal Reserve sells $50,000 in treeasury bonds to a bank at 6% what is the immidiate effect on the money supply

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aksareji6
aksareji6 aksareji6
  • 21-02-2017

It is increased by $60,000. The immediate effect on the money supply is that it will increase banks' excess reserves which they may lend out.

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3478440704
3478440704 3478440704
  • 21-02-2017

$2400.00 of interest charge of 50000

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