6 The Federal Reserve introduces new money into the monetary system by purchasing 15,000,000 of...
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6 The Federal Reserve introduces new money into the monetary system by purchasing 15,000,000 of new U S securities The fat Required Reserve rate on deposited reserves is 4% Based on the that will be created as a result is approximately on the "deposit expansion effect the amount of new money A $20 5 Million B $37 5 Million C $360 Million D $375 Milion
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