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Open market sale of securities by the Federal Reserve will result in: a. increase in bank reserves and a decrease in the federal funds rate.

Open market sale of securities by the Federal Reserve will result in: a. increase in bank reserves and a decrease in the federal funds rate. b. increase in bank reserves and an increase in the federal funds rate. c. decrease in bank reserves and a decrease in the federal funds rate. d. decrease in bank reserves and an increase in the federal funds rate

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