To decrease the money supply, the FOMC will most likely direct the trading desk, located at the Federal Reserve Bank of New York to sell mortgage loans on the open market. O buy U.S. Treasury securities from the public. print U.S. Treasury securities and put them out in circulation. sell U.S. Treasury securities to the public. buy mortgage loans on the open market.

Macroeconomics
13th Edition
ISBN:9781337617390
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter13: The Federal Reserve System
Section: Chapter Questions
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To decrease the money supply, the FOMC will most likely direct the
trading desk, located at the Federal Reserve Bank of New York to
O sell mortgage loans on the open market.
buy U.S. Treasury securities from the public.
O print U.S. Treasury securities and put them out in circulation.
sell U.S. Treasury securities to the public.
buy mortgage loans on the open market.
Transcribed Image Text:To decrease the money supply, the FOMC will most likely direct the trading desk, located at the Federal Reserve Bank of New York to O sell mortgage loans on the open market. buy U.S. Treasury securities from the public. O print U.S. Treasury securities and put them out in circulation. sell U.S. Treasury securities to the public. buy mortgage loans on the open market.
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