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If a bank or brokerage house gave the Federal Reserve Bank $25 million in U.S. government bonds as collateral, and if the Federal Reserve Bank

If a bank or brokerage house gave the Federal Reserve Bank $25 million in U.S. government bonds as collateral, and if the Federal Reserve Bank gave them a short-term cash loan based on this collateral, then this transaction would be called a "reverse repo." True or False

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