Increase the supply of money in a fiat money economy

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Reference no: EM13772773

Which of the following would NOT increase the supply of money in a fiat money economy?

a. The Federal Reserve decides to purchase existing treasury securities.

b. The Federal Reserve decides to link the value of money to water (a commodity).

c. There is a discovery of gold.

d. The Federal Reserve decreases the required reserve ratio.

e. The Federal Reserve decreases the discount rate.

Reference no: EM13772773

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