Use the Following to Answer Question

question 46

Multiple Choice

Use the following to answer question .
Exhibit: Balance Sheets for Fed and Banking System

-(Exhibit:Balance Sheets for Fed and Banking System) The table shows entries on the balance sheets for the Federal Reserve and the banking system above. These balance sheet entries are consistent with

• A) an open market sale of $1,500 in bonds.
• B) an open market purchase of $1,500 in bonds.
• C) neither an open market sale nor an open market purchase.
• D) either an open market sale or an open market purchase.