When the Fed conducts open-market purchases, A. it buys

Last updated: 7/12/2022

When the Fed conducts open-market purchases, A. it buys Treasury securities, which increases the money supply. B. it buys Treasury securities, which decreases the money supply. C. it borrows money from member banks, which increases the money supply. D. it lends money to member banks, which decreases the money supply.