The funds the Fed receives from selling government securities
A) are deposited in a commercial bank.
B) disappear into thin air.
C) are turned over to the Office of Management and Budget in Washington, D.C.
D) are deposited in the U.S. Treasury.
B
You might also like to view...
Use the table below to answer the next question.YearEmployedStructuralFrictionalCyclicalUnemployed20031,800501005020020042,400100100 30020052,000 15018050020062,66040 0140Determine the number of people frictionally unemployed for the year 2006.
A. 100 B. 200 C. -100 D. 0
The country with which we have the fastest growing trade deficit is __________.
Fill in the blank(s) with the appropriate word(s).
Who would be more likely to study the effects of government spending on the unemployment rate, a macroeconomist or a microeconomist?
Refer to the information provided in Scenario 25.2 below to answer the question(s) that follow.SCENARIO 25.2: The following table shows the changes in deposits, reserves, and loans of 4 banks as a result of a $100,000 initial deposit in Bank No. 1. Assume all banks are loaned up.
Refer to Scenario 25.2. If the required reserve ratio were changed to 20%, total loans of Bank No. 2 will change to
A. $64,000. B. $72,000. C. $74,250. D. $80,000.