When the Fed conducts an open market operation by purchasing securities from a bank, ________
A) public holdings of securities increase
B) the bank's deposits increase but its reserves do not change
C) the bank's deposits increase but its reserves decrease
D) the bank's reserves increase
D
Economics
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Technological progress will
A) shift the LAS curve rightward but will not shift the SAS curve. B) not shift either the LAS or the SAS curve. C) shift both the LAS and SAS curves rightward. D) shift the SAS curve rightward but will not shift the LAS curve.
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