Multiple Choice
The Fed increases bank reserves in the system by $75 million. If there are no drains the expected change in bank deposits is
A) $82.5 million.
B) $945 million.
C) $750 million.
D) $1,500 million.
E) $655 million. (1/0.10) $75 million
Correct Answer:
Verified
Correct Answer:
Verified
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