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Scenario: During Christmas the public's holdings of currency increase. The FOMC could implement a [ Select ] [dynamic, defensive] open market [ Select ] [sale,

Scenario: During Christmas the public's holdings of currency increase.

The FOMC could implement a [ Select ] ["dynamic", "defensive"] open market [ Select ] ["sale", "purchase"] of securities using [ Select ] ["a repurchase agreement", "an outright sale", "an outright purchase", "a reverse repurchase agreement"] .

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