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Part $1$

How does an open market operation change the monetary$$ base?

Question content area bottom

Part $1$

An open market purchase$\_\_\_\_\_\_\_$ the monetary base. An open market sale$\_\_\_\_\_\_\_$ the monetary base.

A$.$

$$decreases; increases

B$.$

$$increases; has no effect on

C$.$

increases the quantity of$$ currency, which$$ increases; decreases the quantity of$$ currency, which decreases

D$.$

$$increases; decreases