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gslwong gslwong
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Everything else remaining unchanged, if the demand curve for reserves shifts to the left and the value of borrowed reserves is zero, ________.

▸ there will be an increase in the federal funds rate but no change in the quantity of reserves

▸ there will be a decrease in both the federal funds rate and the quantity of reserves

▸ there will be a decrease in the federal funds rate but no change in the quantity of reserves

▸ there will be an increase in both the federal funds rate and the quantity of reserves
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Macroeconomics


Edition: 3rd
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dongdong
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there will be a decrease in the federal funds rate but no change in the quantity of reserves

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