Scenario: the Following Table Shows the Initial Balance Sheets of Bank

question 128

Multiple Choice

Scenario: The following table shows the initial balance sheets of Bank A and the Fed. Suppose that the Fed then buys $10 million in bonds from Bank A.

-Refer to the scenario above.After this transaction,the Fed's Treasury bonds equal ________.

• A) $380
• B) $390
• C) $400
• D) $410

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Definitions:

Scorpions

Arthropods belonging to the class Arachnida, characterized by their venomous sting, used to kill prey and for defense.

Arthropod

Invertebrates, with an exoskeleton and jointed appendages, such as crustaceans and insects.

Lobsters

Marine crustaceans with a hard shell, long antennae, and ten legs, known for being a popular seafood.

Squids

Cephalopod mollusks known for their bilateral symmetry, elongated bodies, large eyes, and ability to squirt ink as a defense mechanism.