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Which of the following is TRUE regarding open-market operations? a. It will have a significant effect on the spending multiplier. b. It will change commercial
Which of the following is TRUE regarding open-market operations? a. It will have a significant effect on the spending multiplier. b. It will change commercial bank reserves, but not the size of the money multiplier. c. It will have no effect on commercial bank reserves but can impact the overnight rate. d. It will change the size of the money multiplier
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