Assume:
rD = .05
C = $150B
D = $750B
given that : rD = .05
C = $150B
D = $750B
What is the effect of an expansionary open market operation of $10B on currency (C), reserves (R), monetary base (MB), M, deposits (D) and L/S? What is the new amount of M and what was the percentage change in the money supply?