On July 30th 2009, The Federal Reserve through the Federal Reserve Bank of New York...
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Finance
On July 30th 2009, The Federal Reserve through the Federal Reserve Bank of New York purchased $6.496 billion of Treasury Securities. This open market purchase of securities will:
| A) | Shrink the money supply | |
| B) | Increase interest rates to small businesses | |
| C) Increase bank reserves in the Federal Reserve system | ||
| D )Increase the debt of the U.S.governmnt |
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