The Federal Reserve System was established during the presidency of O Abraham Li

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The Federal Reserve System was established during the presidency of O Abraham Lincoln o Ulysses S. Grant e George Washington Woodrow Wilson QUESTION 44 f a $1 million open market purchase by the Fed generates the Fed to increase by $1 million, then the T-account effects are that the bank's assets and Fed's assets and liabilities a new deposit at a bank that immediately causes the bank's reserves held at by $1 milion and that the es QUESTION 45 When interest rates rise, the transactions demand for money usually decreases increases decreases initially and then increases to the original position does not change. Save Save All Ans

Explanation / Answer

44. The correct answer is D, The Banks assets to should increase and the Feds will decrease.

45. The correct answer is A.

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