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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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8 years ago
If the Federal Reserve ________ the required reserve ratio, the interest rate ________.
A) lowers; rises
B) lowers; falls
C) raises; does not change
D) raises; falls
E) Not enough information is given because the effect depends also on the size of the monetary base.
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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SmooothSmoooth
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8 years ago
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8 years ago
No problemo Happy Dummy
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