Business, 28.12.2019 02:31 kittykat5105

Central bank policy requires northern bank to hold 10% of its deposits as reserves. northern bank policy prevents it from holding excess reserves. if the central bank purchases $30 million in bonds from northern bank what will be the result? a. northern's loan assets increase by $30 million b. northern's bond assets increase by s30 million c. northern's net worth changes by $30 million d. the money supply in the economy decreases

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Central bank policy requires northern bank to hold 10% of its deposits as reserves. northern bank po...

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