Ask Question
1 July, 07:13

If the Fed purchases $50,000 in T-bills from a bank, by how much will the bank's excess reserves increase: a) by $50,000. b) by $50,000 times the required reserve ratio. c) by $50,000 divided by the required reserve ratio. d) Not enough information has been provided to answer the question.

+5
Answers (1)
  1. 1 July, 10:07
    0
    Answer and Explanation:

    b) by $50,000 times the required reserve ratio.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “If the Fed purchases $50,000 in T-bills from a bank, by how much will the bank's excess reserves increase: a) by $50,000. b) by $50,000 ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers