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Business, 01.01.2021 19:10 shay8181

Suppose that the current federal funds rate is above the federal funds target rate. In order to lower the federal funds rate the Fed will securities on the open market which will the supply of reserves in the market for reserves, pushing the rate closer to the target rate. Question 5 options:

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Suppose that the current federal funds rate is above the federal funds target rate. In order to lowe...
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