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Loraine Loraine
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8 years ago
A currency drain occurs when the
A) Fed increases the required reserve ratio.
B) Fed sells U.S. government securities.
C) non-bank public increases its holdings of currency outside the banking system.
D) banks reduce the number of loans they create with their excess reserves.
E) Fed buys U.S. government securities.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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8 years ago
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Loraine Author
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8 years ago
Thanks
MLynneMcMillan
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Yesterday
this is exactly what I needed
jmelchor77
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2 hours ago
Thanks for your help!!
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