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__________ Is an Arrangement Whereby the New York Fed Agrees

Question 57

Multiple Choice

__________ is an arrangement whereby the New York Fed agrees to sell securities to the securities dealers with whom it regularly does business and the Fed agrees to buy back the securities on a specific day in the near future.


A) A repurchase agreement
B) A reverse repurchase agreement
C) An offsetting open market operation
D) A Federal Reserve float

Correct Answer:

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