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15) Which of the following statements is correct? A) The volume of open market operations is determined solely by the FOMC. B) The volume of

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15) Which of the following statements is correct? A) The volume of open market operations is determined solely by the FOMC. B) The volume of open market operations is determined jointly by the actions of banks and the FOMC. C) The volume of open market operations is determined jointly by the actions of the public, banks, and the FOMC. D) The volume of open market operations is determined jointly by the actions of the public and the FOMC

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