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23. If the Federal Reserve initiates a program to purchase long-term Treasury securities, it is most likely attempting to a. reduce the rate on short-term
23. If the Federal Reserve initiates a program to purchase long-term Treasury securities, it is most likely attempting to
| a. | reduce the rate on short-term Treasury securities. |
| b. | reduce the rate on commercial paper. |
| c. | reduce inflation. |
| d. e. | reduce long-term interest rates. none of the above |
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