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Business, 11.05.2021 01:00 keke2933

Everything else held constant, in the market for reserves, when the federal funds rate is 2%, lowering the interest rate paid on excess reserves rate from 1% to 0.5% has no effect on the federal funds rate. has an indeterminate effect on the federal funds rate. lowers the federal funds rate. raises the federal funds rate.

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Everything else held constant, in the market for reserves, when the federal funds rate is 2%, loweri...
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