Suppose the Fed Sells a $50,000 U

question 47

Multiple Choice

Suppose the Fed sells a $50,000 U.S.Treasury security to Martha,a member of the public.If Martha writes a check to the Fed in order to buy this security,the money in her checking account will be transferred to

• A) the Fed,and now the Fed will have $50,000 more in reserves than it had before.
• B) her bank,and now her bank will have $50,000 more in reserves than it had before.
• C) the Fed,and now it is as if the money doesn't exist.
• D) the Treasury,and now the Treasury will have $50,000 more in reserves than it had before.

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