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The percentage of deposits which banks must keep in their vault to meet the withdrawal needs of depositors has increased. Which of the following actions by the Federal Reserve could have caused this change?

a. A decrease in the discount rate

b. An open-market sale of government bonds

c. Issuing of more bonds

d. Raising of the required reserve ratio

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M91915304
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