b. Do the Federal Reserves assets consist primarily of U.S. Treasury securities, as on September 5, 2007,

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b. Do the Federal Reserve’s assets consist primarily of U.S.

Treasury securities, as on September 5, 2007, which was a fairly typical day, or does the Fed still own a large number of other assets, as it did on December 23, 2009?

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Essentials Of Economics

ISBN: 9781429218290

2nd Edition

Authors: Paul Krugman, Robin Wells, Kathryn Graddy

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