Multiple Choice
Scenario: The following table shows the initial balance sheets of Bank A and the Fed. Suppose that the Fed then buys $10 million in bonds from Bank A.
-Refer to the scenario above.After this transaction,the Fed's total liabilities equal ________.
A) $790 million
B) $800 million
C) $810 million
D) $820 million
Correct Answer:
Verified
Correct Answer:
Verified
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