Suppose that the value of money multiplier is 3 in Country A. The Central Bank of Country A made an open market operation in which it purchased 100,000 TL worth of securities. What will be the amount of change in the quantity of money in the economy? Oa. Decreases by 300,000 TL O b. Does not change O c. Increases by 100,000 TL O d. Decreases by 100,000 TL e. Increases by 300,000 TL

ENGR.ECONOMIC ANALYSIS
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Suppose that the value of money multiplier is 3 in Country A. The Central Bank of Country A
made an open market operation in which it purchased 100,000 TL worth of securities.
What will be the amount of change in the quantity of money in the economy?
Oa. Decreases by 300,000 TL
O b. Does not change
Oc.
Increases by 100,000 TL
O d. Decreases by 100,000 TL
Increases by 300,000 TL
e.
Seçimimi temizle
Transcribed Image Text:Suppose that the value of money multiplier is 3 in Country A. The Central Bank of Country A made an open market operation in which it purchased 100,000 TL worth of securities. What will be the amount of change in the quantity of money in the economy? Oa. Decreases by 300,000 TL O b. Does not change Oc. Increases by 100,000 TL O d. Decreases by 100,000 TL Increases by 300,000 TL e. Seçimimi temizle
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