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5 1.00 P An open market purchase of securities by the Fed : O a. increases banks' reserves and decreases banks' securities b. decreases banks'
5 1.00 P An open market purchase of securities by the Fed : O a. increases banks' reserves and decreases banks' securities b. decreases banks' reserves and increases banks' securities c. decreases banks' total assets O d. involves a bank purchasing government securities from the Fed
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