Which of the following statements are true about the fed, Financial Management

Which of the following statements are true about the fed

Which of the following statements are true about the fed funds market before QE? More than one may be correct.

You can select more than one option

A. A bank purchased the ferd funds market if it had a surplus of reserves

B. A bank sold fed funds market if it had a surplus of reserves

C. A bank purchased fed funds if it had a shortfall of required reserves

D. A bank sold fed funds if it would not meet its reserve requirement

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Financial Management: Which of the following statements are true about the fed

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Financial Management: Which of the following statements are true about the fed

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