First blank purchase / sale )

Second blank ( removed from / added to )

third blank ( an increase / a fall )

4th blank ( to / by )

5th blank ( into / from )

final blank ( decrease / increase / maintain)

Suppose you examine the central bank's balance sheet and observe that since the previous day, reserves had fallen by $500 million. In addition, on the asset side of the central bank's balance sheet, securities had fallen by $500 million. What activity did the central bank carry out earlier in the day to lead to these changes in the balance sheet? Do you think by carrying out this activity the central bank was aiming to increase, decrease, or maintain the size of the money supply? The central bank conducted an open market (Click to select)y of $500 million with a commercial bank. This transaction would involve $500 million of securities being (Click to select the central bank's balance sheet. There would be (Click to select) of $500 million in reserves to reflect the related payment (Click to select)y the commercial bank (Click to select) its reserve account. By carrying out this activity, the central bank was aiming to (Click to select the size of the money supply