If the head of the Central Bank of Brazil wanted to decrease the supply of money in

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If the head of the Central Bank of Brazil wanted to decrease the supply of money in Brazil in 2015, which of the following would do it? Explain your answer.

Increase the required reserve ratio

Decrease the required reserve ratio

Increase the discount rate

Decrease the discount rate

Buy government securities in the open market

Sell government securities in the open market

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Principles of Macroeconomics

ISBN: 978-0134078809

12th edition

Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster

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Question Posted: Dec 27, 2018 07:15 AM

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If the head of the Central Bank of Brazil wanted to decrease the supply of money in

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Increase the reserve ratio This would immediately tighten reserves reduce excess reserves if any ...View the full answer

Principles of Macroeconomics

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