37. Now that the Fed has created $2 trillion of bank reserves, how would you expect a...

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37. Now that the Fed has created $2 trillion of bank reserves, how would you expect a further open market purchase of securities to influence the federal funds rate? Why? Illustrate your answer with an appropriate graph.

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Parkin Macroeconomics

ISBN: B0070OLVAC

10th Edition

Authors: Michael Parkin

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