What Is the Change in the Money Supply When the Fed

question 113

Short Answer

What is the change in the money supply when the Fed purchases $100 worth of bonds in a 100-percent-reserve banking system?

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Definitions:

Number

A mathematical object used to count, measure, and label.

Cumulative Frequency

The sum of frequencies accumulated up to a certain point in a data set.

Total Number

The aggregate or sum count of items or entities in a set or dataset.

Data Set

A collection of data, often presented in tabular form, consisting of variables and observed or measured values.