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valputin valputin
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8 years ago
Everything else held constant, the vertical section of the supply curve of reserves is lengthened when the
A) discount rate increases.
B) federal funds rate rises.
C) discount rate decreases.
D) federal funds rate falls.
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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8 years ago
Correct
Our course uses > The Economics of Money, Banking and Financial Markets
wrote...
8 years ago
You're very welcome, valputin
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