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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 Fed wants to raise interest rates after banks have accumulated large amounts of excess reserves, it would
A) increase the interest rate paid on excess reserves.
B) increase the required reserve ratio.
C) conduct massive open market purchase.
D) increase discount rate.
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
Author:
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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
Thank you
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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