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Open market operations are: I. conducted by the U.S. Federal reserve II. involve the buying and selling of bonds from the market III. the Fed's

Open market operations are: I. conducted by the U.S. Federal reserve II. involve the buying and selling of bonds from the market III. the Fed's main tool for moving the Fed Funds rate in the desired direction IV. subject to a simple majority approval by Congress

I., II. and IV. only

I. and II. only

I., II. and III. only

ALL OF THE ABOVE?

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