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Business, 06.03.2020 02:11 Jakeandjenn21

Suppose on any given day there is an excess supply of reserves in the federal funds market. If the Federal Reserve wishes to keep the federal funds rate at its current level, then the appropriate action for the Federal Reserve to take is a open market , everything else held constant.

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Suppose on any given day there is an excess supply of reserves in the federal funds market. If the F...
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