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Suppose the Federal Reserve System holds $192 billion worth of securities at the start of the current year. During the first quarter of the year
Suppose the Federal Reserve System holds $192 billion worth of securities at the start of the current year. During the first quarter of the year they purchase $92 billion in securities while selling $99 billion. From the information above, we may conclude that the Federal Reserve wishes to Group of answer choices pursue an easy (expansionary) monetary policy. pursue a tight (contractionary) monetary policy. increase its net holdings of securities expand reserves in the system by $7 billion
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