Let’s assume that the Federal Reserve bank requires the Oxnard County Bank to maintain 20% of deposits as reserves. The Oxnard County Bank decides not to hold excess reserves. If the Federal Reserve System buys $310 million in bonds from the Ventura County Bank which of the following will occur? Group of answer choices the money supply in the economy increases increase in the Ventura County Bank's loan assets of $96 million The Ventura County Bank's net worth increases by $120 million increase in the Ventura County Bank's bond assets by $96 million

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