The purchase of Treasury securities by the Federal Reserve will, in general

A) not change the money supply.
B) decrease the quantity of reserves held by banks.
C) increase the quantity of reserves held by banks.
D) not change the quantity of reserves held by banks.

C

Economics

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When the price of gas goes up and the demand for tires goes down, this means tires and gas are:

A) substitutes. B) complements. C) both expensive. D) both inexpensive.

Economics

Over half of the increase in labor productivity in India since 1993 has been due to

A) the growth rate of the capital stock. B) total factor productivity growth. C) a decrease in the population. D) successful infrastructure investment.

Economics