MACROECONOMICS
MACROECONOMICS
14th Edition
ISBN: 9781337794985
Author: Baumol
Publisher: CENGAGE L
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Chapter 13, Problem 2TY
To determine

The changes in balance sheet, if the F bank of city N decides to purchase an office building for a price of $100 million from C. This effect needs to be compared with the effect of purchase of securities from the open market, and conclusion needs to be given.

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