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vellojo vellojo
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8 years ago
When the federal funds interest rate is 6 percent, the quantity of reserves demanded is $100 billion. If the quantity of reserves is actually $110 billion, then the
A) federal funds rate rises.
B) federal funds rate falls.
C) demand for reserves decreases and the demand for reserves curve shifts leftward.
D) demand for reserves increases and the demand for reserves curve shifts rightward.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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yaderayadera
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8 years ago
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vellojo Author
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#2
8 years ago
Checks out after I submitted my assignment Smiling Face with Open Mouth
Studying economics @ Edinburgh U
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