If the Fed decides to reduce bank reserves, it can

A) purchase government bonds.
B) extend discount loans to banks.
C) sell government bonds.
D) print more currency.

C

Economics

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Expansionary monetary policy

What will be an ideal response?

Economics

Refer to the figure above. If the government institutes a minimum wage rate at $30, the unemployment in the market will be:

A) 25 units of labor. B) 10 units of labor. C) 15 units of labor. D) 20 units of labor.

Economics