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Amount of Securities Purchased Assignment | Homework For You

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May 23rd, 2020
If the required reserve ratio is 9%, and the Federal Reserve has a goal of increasing lending in the economy by $350 million dollars, then according to the simple multiplier formula, what amount of securities should the Fed purchase?
$21.5 million O $25.5 million $31.5 million O $37.5 million. Get Finance homework help todayHomework For You

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