To lower the federal funds rate, the Fed conducts an open market ________ of securities which ________
A) purchase; increases the demand for reserves
B) sale; increases the supply of reserves
C) purchase; decreases the demand for reserves
D) sale; increases the demand for reserves
E) None of the above answers is correct.
E
Economics
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Net Domestic Product is derived by subtracting indirect business taxes from Gross Domestic Product
Indicate whether the statement is true or false
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When a government establishes a marketable permit program to address environmental pollution, it is actually: a. imposing a command-and-control regulation
b. providing corrective subsidies to reduce pollution. c. permitting pollution. d. imposing corrective taxes to reduce pollution.
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