If the fed sells 2 million of bonds to irving the investor
If the Fed sells $2 million of bonds to Irving the Investor, who pays for the bonds with a briefcase filled with currency, what happens to reserves and the monetary base? Use T-accounts to explain your answer.
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if the fed sells 2 million of bonds to the first national bank what happens to reserves and the monetary base use
if the fed sells 2 million of bonds to irving the investor who pays for the bonds with a briefcase filled with currency
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