49. Here is how an open market sale works: Bank of America_ (from) the Fed, which...

 

Transcribed Image Text:

49. Here is how an open market sale works: Bank of America_ (from) the Fed, which lowers the bank's deposits at the a. buys; Fed; lowers; reserves b. sells; Treasury; raises; reserves c. sells; Fed; raises; reserves d. buys; Treasury; lowers; liabilities e. none of the above 50 Stantic www. and government securities to the bank's 49. Here is how an open market sale works: Bank of America_ (from) the Fed, which lowers the bank's deposits at the a. buys; Fed; lowers; reserves b. sells; Treasury; raises; reserves c. sells; Fed; raises; reserves d. buys; Treasury; lowers; liabilities e. none of the above 50 Stantic www. and government securities to the bank's

Answer rating: 100% (QA)

abuys fed lowers reserves a commericial bank when takes ... View the full answer