Multiple Choice
Exhibit 16-2
-Each of the following can cause the supply of money to shift from S to S* in Exhibit 16-2, except
A) an increase in the required reserve ratio
B) the sale of US Treasury securities by the Fed
C) a decrease in the required reserve ratio
D) a decrease in the discount rate
E) an increase in excess reserves in the banking system
Correct Answer:

Verified
Correct Answer:
Verified
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