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Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Edition 20ISBN: 978-0077660772Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Edition 20ISBN: 978-0077660772 Exercise 16
Which of the following Fed actions will increase bank lending?
Select one or more answers from the choices shown.
a. The Fed raises the discount rate from 5 percent to 6 percent.
b. The Fed raises the reserve ratio from 10 percent to 11 percent.
c. The Fed buys $400 million worth of Treasury bonds from commercial banks.
d. The Fed lowers the discount rate from 4 percent to 2 percent.
Select one or more answers from the choices shown.
a. The Fed raises the discount rate from 5 percent to 6 percent.
b. The Fed raises the reserve ratio from 10 percent to 11 percent.
c. The Fed buys $400 million worth of Treasury bonds from commercial banks.
d. The Fed lowers the discount rate from 4 percent to 2 percent.
Explanation
Verified
Verified
a.
In terms of the discount rate, an in...
Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
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