Explain how do open market operations work

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Q. Does anyone have an incentive to maintain auto exhaust control devices in good working order? How can we ensure that they will be maintained? Are there any costs associated with this policy?

Q. Explain how do open market operations work through the fractional reserve banking system to impact the money supply and interest rates

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Explain how do open market operations work : Explain how do open market operations work through the fractional reserve banking system to impact the money supply and interest rates.

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