If the FOMC Orders the Sale of T-Bills in the Open

question 81

Multiple Choice

If the FOMC orders the sale of T-bills in the open market, then bank reserves are

• A)decreased, but the money supply will remain unchanged.
• B)decreased, and a multiple contraction of the money supply will occur.
• C)increased, but the money supply will remain unchanged.
• D)increased, and a multiple expansion of the money supply will occur.

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Definitions:

Septicemia

A systemic disease associated with presence of pathogenic microorganisms or their toxins in blood.

Microorganisms

Tiny living organisms, such as bacteria, viruses, fungi, and protozoa, that can only be seen under a microscope and play various roles in the environment, human body, and disease.

Leukocytosis

An increase in the number of white blood cells.

Surgical Asepsis

A method used to prevent microbial contamination during surgeries or invasive procedures to maintain a sterile environment.