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Loraine Loraine
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Posts: 4563
8 years ago
When the Fed purchases government securities ________ loans end up being made because ________.
A) more; excess reserves in the banking system increase
B) more; excess reserves in the banking system decrease
C) fewer; excess reserves in the banking system increase
D) fewer; excess reserves in the banking system decrease
E) fewer; required reserves in the banking system increase but desired reserves decrease
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 605 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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Posts: 3807
8 years ago
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Loraine Author
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8 years ago
Good timing, thanks!
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Yesterday
You make an excellent tutor!
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2 hours ago
Thanks for your help!!
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