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Business, 21.08.2020 21:01 xlebrny1215

If the FOMC directs the Federal Reserve trading desk to loosen credit, which of the following will happen? А) The trading desk will engage in repurchase agreements with banks and cash reserves will be injected into the banking system
B) The trading desk will engage in reverse repurchase agreements with banks and cash reserves will be injected into the banking system
C) The trading desk will engage in repurchase agreements with banks and cash reserves will be drained from the banking system
D) The trading desk will engage in reverse repurchase agreements with banks and cash reserves will be drained from the banking system

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