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    Exam 13: Countercyclical Macroeconomic Policy
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    An Increase in the Bank Reserves Held by the Fed
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An Increase in the Bank Reserves Held by the Fed

Question 46

Question 46

Multiple Choice

An increase in the bank reserves held by the Fed would ________.


A) decrease the federal funds interest rate
B) decrease the price level
C) increase the federal funds rate
D) decrease the inflation rate

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