Question: 1 4 . Ordinarily the money supply will decrease if: a . the Fed makes fewer loans at its discount window. b . the Fed
Ordinarily the money supply will decrease if:
a the Fed makes fewer loans at its discount window.
b the Fed sells securities on the open market.
c the Fed raises reserve requirements.
d all of the above.
Using the data above, the level of excess reserves is
a $ b $ c $ d not ascertainable
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