Why do nonborrowed reserves fall if the fed engages in, Macroeconomics

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Why do nonborrowed reserves fall if the fed engages in

Problem

Why do nonborrowed reserves fall if the Fed engages in an open market sale? Why do they rise if the Fed engages in an open market purchase?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Why do nonborrowed reserves fall if the fed engages in

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Macroeconomics: Why do nonborrowed reserves fall if the fed engages in

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