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I. banks withdraw currency from the Fed. II. the Fed makes loans at the discount window. III. the Fed sells securities on the open market.

I.

banks withdraw currency from the Fed.

II.

the Fed makes loans at the discount window.

III.

the Fed sells securities on the open market.

IV.

the Fed buys securities on the open market.

6. Of the above operations, the monetary base will increase when: (1 point)

A) I and II

B) I and III

C) II and IV

D) III and IV

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