If a Central Bank Wants to Implement a Contractionary Policy

If a central bank wants to implement a contractionary policy that decreases real GDP, it will conduct an open market operation by securities. Bank reserves will and bank lending will _ leading to a _ in the quantity of money.

A) selling; decrease; decrease; decrease
B) purchasing; decrease; decrease; decrease
C) selling; increase; increase; increase
D) purchasing; decrease; increase; decrease

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