True about the fed funds market before qe

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Reference no: EM131962573

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

Reference no: EM131962573

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