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Loraine Loraine
wrote...
Posts: 4563
8 years ago
The currency drain reduces the amount of
A) reserves available to banks to make loans.
B) currency the Fed has outstanding in the economy.
C) currency available for banks to borrow from the Fed.
D) the monetary base.
E) open market operations the Fed can make.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 207 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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Top Poster
Posts: 3807
8 years ago
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Loraine Author
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8 years ago
this is exactly what I needed
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Yesterday
Thanks
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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