If the Fed sells U.S. government securities,
A. the federal funds rate rises.
B. the U.S. Treasury gains some revenue.
C. bank reserves increase.
D. None of the above answers is correct.
Answer:A
If the Fed sells U.S. government securities,
A. the federal funds rate rises. B. the U.S. Treasury gains some revenue. C. bank reserves increase. D. None of the above answers is correct.