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3 years ago
When bad storms slow the check-clearing process, float tends to ________ causing the Fed to initiate ________ open market ________.
A) decrease; defensive; sales
B) increase; defensive; sales
C) decrease; dynamic; purchases
D) increase; dynamic; purchases
Textbook 

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


Edition: 4th
Author:
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Our course uses > The Economics of Money, Banking and Financial Markets
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3 years ago
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wrote...
3 years ago
Correct
Our course uses > The Economics of Money, Banking and Financial Markets
wrote...
3 years ago
@valputin,

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