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vellojo vellojo
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Posts: 2982
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7 years ago
When the Fed lowers the federal funds rate, it increases reserves and increases the quantity of deposits and loans created.
A) True
B) False
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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Answer verified by a subject expert
amishamish
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Posts: 475
7 years ago
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vellojo Author
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7 years ago
Everyone I encourage you to thumbs up the answer!

got it right
Studying economics @ Edinburgh U
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