Multiple Choice
Use the following to answer questions:
Figure: Changes in the Money Supply 
-(Figure: Changes in the Money Supply) Refer to Figure: Changes in the Money Supply. If the supply of money shifts from S1 to S2, the Federal Reserve must have _____ Treasury bills in the open market.
A) sold
B) bought
C) issued new
D) borrowed
Correct Answer:

Verified
Correct Answer:
Verified
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