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Loraine Loraine
wrote...
Posts: 4563
8 years ago
Quantitative easing by the Fed refers to
A) the creation of bank reserves by engaging in large-scale open market operation at very low interest rates.
B) selling private securities issued by the Fed.
C) decreasing the money supply during a recession to prevent inflation.
D) lowering the federal funds rate while increasing the discount rate.
E) lowering the required reserve ratio to zero percent.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 206 times
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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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SmooothSmoooth
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Posts: 5500
8 years ago
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8 years ago
My pleasure Happy Dummy
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