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. Increases by 100,000 TL O b. Increases by 300,000 TL Oc. Decreases by 300,000 TL Od. Does not change Oe. Decreases by 100,000 TL

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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?
O a. Increases by 100,000 TL
O b.
Increases by 300,000 TL
O c. Decreases by 300,000 TL
Od. Does not change
Oe. Decreases by 100,000 TL
Transcribed Image Text:ered 2.00 tion 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? O a. Increases by 100,000 TL O b. Increases by 300,000 TL O c. Decreases by 300,000 TL Od. Does not change Oe. Decreases by 100,000 TL
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