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Author Question: Money functioning as a medium of exchange results in an increase in transactions costs. a. True b. ... (Read 21 times)

Coya19@aol.com

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on: Jun 30, 2018
Money functioning as a medium of exchange results in an increase in transactions costs.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The buying and selling of government bonds by the FOMC constitutes:
 a. an open market operation.
  b. a federal funds adjustment.
  c. a discount rate adjustment.
  d. a change in the reserve requirement.
  e. sterilization of the money supply


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mtmmmmmk

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

a


Coya19@aol.com

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  • Posts: 601
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

billybob123

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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