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13.3 How a central bank executes monetary policy  (Page 11/12)

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  • Card 11 / 12:
    open market operations

    the central bank selling or buying Treasury bonds to influence the quantity of money and the level of interest rates

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Source:  OpenStax, University of houston downtown: macroeconomics. OpenStax CNX. May 28, 2014 Download for free at http://legacy.cnx.org/content/col11653/1.3
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