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insherro insherro
wrote...
Posts: 671
Rep: 5 0
7 years ago
Open market purchase will result in:
A) increase in bank reserves and a decrease in the federal funds rate.
B) increase in bank reserves and an increase in the federal funds rate.
C) decrease in bank reserves and a decrease in the federal funds rate.
D) decrease in bank reserves and an increase in the federal funds rate.
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
Author:
Read 149 times
1 Reply
University of Ottawa - Economics for Managers
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Answer verified by a subject expert
sofreshsofresh
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Posts: 466
7 years ago
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1
Sweet Caroline
Good times never seemed so good
I've been inclined,
To believe they never would
Oh, no, no

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insherro Author
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7 years ago
Thanks
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Brilliant
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2 hours ago
You make an excellent tutor!
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