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QUESTION 1 Prior to the 2008 quantitative easing, the Fed implemented fed funds rate cuts by: increasing the interest on reserves (IOR) rate increasing reserves

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QUESTION 1 Prior to the 2008 quantitative easing, the Fed implemented fed funds rate cuts by: increasing the interest on reserves (IOR) rate increasing reserves via open market operations decreasing reserves via open market operations decreasing the interest on reserves (IOR) rate

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