If the Fed wants to temporarily drain reserves from the banking system, it will engage in

A) a repurchase agreement.
B) a matched sale-purchase transaction.
C) a "pump" agreement.
D) none of the above.


B

Business

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A. The owner should take cash from the businesses before it is recorded as revenue. B. The owner should understate revenues and overstate deductible expenses. C. The owner should hire an accountant and a lawyer who are expert in tax issues. D. The owner should make payments to creditors by borrowing from tax money.

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A. rareness B. inimitability C. importance D. value

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What will be an ideal response?

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