A commercial bank buys a $50,000 government security from a securities dealer. The bank pays the dealer by increasing the dealer's checkable deposit balance by $50,000. The money supply has:
A. Not been affected
B. Decreased by $50,000
C. Increased by $50,000
D. Increased by $50,000 multiplied by the reserve ratio
C. Increased by $50,000
Economics
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Marginal cost ________ as the quantity produced is increased
A) first increases and then decreases B) first decreases and then increases C) always increases D) always decreases
Economics
Over ninety-five percent of all new businesses that open each year in the United States employ ________ workers
A) only one or two B) fewer than 20 C) 50 or more D) over 100
Economics