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are intended to change the level of reserves and the monetary base. OA. Open market sales OB. Open market purchases OC. Defensive open market operations

are intended to change the level of reserves and the monetary base. OA. Open market sales OB. Open market purchases OC. Defensive open market operations OD. Dynamic open market operations are intended to offset movements in other factors that affect reserves and the monetary base. O A. Open market purchases OB. Defensive open market operations OC. Dynamic open market operations OD. Open market sales

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