BuyFind

Brief Principles of Macroeconomics...

8th Edition
N. Gregory Mankiw
Publisher: Cengage Learning
ISBN: 9781337091985
BuyFind

Brief Principles of Macroeconomics...

8th Edition
N. Gregory Mankiw
Publisher: Cengage Learning
ISBN: 9781337091985

Solutions

Chapter
Section
Chapter 11, Problem 5CQQ
Textbook Problem

Which of the following actions by the Fed would reduce the money supply?

a. an open-market purchase of government bonds

b. a reduction in banks’ reserve requirements

c. an increase in the interest rate paid on reserves

d. a decrease in the discount rate on Fed lending

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