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(a)Using money demand and money supply, briefly explain money market equilibrium. (b) Briefly explain open market operations. (c)Briefly explain the cash rate. Use examples. (d)Briefly

(a)Using money demand and money supply, briefly explain money market equilibrium.

(b) Briefly explain open market operations.

(c)Briefly explain the cash rate. Use examples.

(d)Briefly explain the exchange settlement account.

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