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Which of the following directly reduces the money multiplier? A.) The Fed buying bonds in an open market operation. B.) The Fed selling bonds in
Which of the following directly reduces the money multiplier? A.) The Fed buying bonds in an open market operation. B.) The Fed selling bonds in an open market operation. C.) The public reducing the amount of currency it holds in relation to its holdings of bank deposits. D.) Banks raising the fraction of reserves that they hold in relation to their deposits. E.) C.) and D.)
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