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QUESTION 1 The Feds purchases of long-term Treasury securities during the credit crisis were intended to a. increase the federal funds rate. b. restore confidence
QUESTION 1
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The Feds purchases of long-term Treasury securities during the credit crisis were intended to
a. increase the federal funds rate.
b. restore confidence in the market for Treasury securities.
c. reduce long-term interest rates.
d. reduce interest rates on credit cards and consumer loans.
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