The Fed buys $100 million U.S. government securities from Bank of America. Bank of America's balance sheet shows this transaction as ________ in total assets and ________ in reserves
A) no change; a $100 million decrease
B) no change; a $100 million increase
C) a $100 million increase; no change
D) a $100 million increase; a $100 million increase
E) a $100 million decrease; a $100 million decrease
B
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What does a current account deficit do that is positive for a nation?
What will be an ideal response?
Along the classical or vertical range of the aggregate supply curve, an increase in the aggregate demand curve will increase:
a. both the price level and real GDP. b. only real GDP. c. only the price level. d. real GDP and reduce the price level.
If the reserve requirement is 20 percent and a new deposit of $10,000 in cash is made by a customer to their checking account, by how much are excess reserves increased?
a. $10,000 b. $8,000 c. $4,000 d. $2,000
Because the statistic called the standard deviation measures the volatility of a variable, it is used to measure the return of a portfolio
a. True b. False Indicate whether the statement is true or false