In the fall of 2002 the fed voted to decrease the federal, Business Economics

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In the fall of 2002 the fed voted to decrease the federal

In the fall of 2002 the Fed voted to decrease the federal funds rate target on several different occasions, reducing it from 3% to 1.75%. What action in the "open market" would the Fed's trader have had to take, other things equal, in order to induce this decrease in the federal funds rate?

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Business Economics: In the fall of 2002 the fed voted to decrease the federal

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