Callenderk97 Callenderk97

15-07-2016
Mathematics

contestada

If the Federal Reserve sells $50,000 in Treasury bonds to a bank at 6% interest, what is the immediate effect on the money supply?

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LandGirl4Ever LandGirl4Ever

15-07-2016

I don't understand the question that well let me know if I'm doing this wrong 50,000x6%=
3,000

50,000+3,000=
53,000

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gracelynframe gracelynframe

05-01-2022

Answer:

It is decreased by 50,000.

Step-by-step explanation:

Answer Link

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