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Home Q & A Board Other Fields Homework Help Business Economics
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valputin valputin
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8 years ago
When the federal funds rate equals the interest rate paid on excess reserves
A) the supply curve of reserves is horizontal.
B) the supply curve of reserves is vertical.
C) the demand curve for reserves is horizontal.
D) the demand curve for reserves is vertical.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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8 years ago
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valputin Author
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#2
8 years ago
Correct
Our course uses > The Economics of Money, Banking and Financial Markets
wrote...
#3
8 years ago
Great! Happy to be right Face with Stuck-out Tongue
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