Thursday
September 18, 2014

Homework Help: macro

Posted by Teresa on Sunday, October 15, 2006 at 10:21am.

what would happen to the money supply if the federal reserve made an open market sale of 5 million worth of gov't securities to a private citizen? assume that the bank with which this private citizen does business with is all loaned up, has reserves of 20 million dollars, deposits of 100 million dollars and must follow a required reserve policy of 20%

A "Bernadette" posted (almost) this same question on Sunday, Oct 15. See my response.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

macroeconomics - can anyone help with this question? What would happen to the ...
the federal reserve - How does the Federeal Reserve control the amount of money ...
Principal of Finance - The following information is available to you: travelers...
economics - Assume that the reserve requirement is 20%. Also assume that banks ...
Economics - Unemployment is on the rise though inflation is quite low. Gross ...
Macroeconomics - If it looks like a bank won't meet the Federal Reserve Bank's ...
Economics. - The buying and selling of government securities to alter the supply...
economics - Federal Reserve lowers reserve requirment to 1.25% what wil happen ...
economics - Am i right, just checking as too many wrong homework assignments at ...
strayer university - P5. The following information is available to you: ...

Search
Members