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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

  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 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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