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Question 2 1 pts In the market for reserves, assume the federal funds rate is 5.1%, the discount rate is 6.75% and the rate paid

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Question 2 1 pts In the market for reserves, assume the federal funds rate is 5.1%, the discount rate is 6.75% and the rate paid on excess reserves is 1.5%. If the Federal Reserve Bank __securities in the open market, then the equilibrium rate will O purchases; decrease sells; decrease purchases; increase sells; not change

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