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    Exam 16: Monetary Policy Tools
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    If the Demand for Reserves Intersects the Vertical Portion of the Supply
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If the Demand for Reserves Intersects the Vertical Portion of the Supply

Question 32

Question 32

True/False

If the demand for reserves intersects the vertical portion of the supply for reserves, the equilibrium federal funds rate is less than or equal to the discount rate.

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