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In a banking system with limited reserves, which of the following combinations of monetary policy is the most expansionary? The central bank's selling bonds and
In a banking system with limited reserves, which of the following combinations of monetary policy is the most expansionary?
The central bank's selling bonds and lowering the discount rate
The central bank's buying bonds and Congress increasing government spending
Congress lowering taxes and increasing government spending
The central bank's lowering the required reserve ratio and lowering the discount rate
The central bank buying bonds and increasing the required reserve ratio
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