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Author Question: An open-market purchase by the Federal Reserve injects excess reserves into the banking system and ... (Read 205 times)

lbcchick

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An open-market purchase by the Federal Reserve injects excess reserves into the banking system and allows the money supply to expand.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Most of the Fed's assets are held in the form of loans to its member banks.
 a. True
  b. False
  Indicate whether the statement is true or false



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T4T

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Answer to Question 1

True

Answer to Question 2

False




lbcchick

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


steff9894

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  • Posts: 337
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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