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The federal funds market allows depository institutions to: a. borrow short-term funds from one another; b. borrow long-term funds from one another; c. borrow long-term

The federal funds market allows depository institutions to: a. borrow short-term funds from one another; b. borrow long-term funds from one another; c. borrow long-term funds from the Treasury; d. borrow short-term funds from the Federal Reserve.

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