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    Exam 15: Tools of Monetary Policy
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    In the Market for Reserves,when the Federal Funds Interest Rate
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In the Market for Reserves,when the Federal Funds Interest Rate

Question 96

Question 96

Multiple Choice

In the market for reserves,when the federal funds interest rate is below the discount rate,the supply curve of reserves is


A) vertical.
B) horizontal.
C) positively sloped.
D) negatively sloped.

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