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    Exam 14: The Federal Reserve and Monetary Policy
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    When the Federal Reserve Buys U
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When the Federal Reserve Buys U

Question 209

Question 209

Multiple Choice

When the Federal Reserve buys U.S.government securities on the open market,this tends to ____ bank reserves and ____ the money supply.


A) raise;raise
B) lower;lower
C) raise;lower
D) lower;raise

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