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If the Fed Sells Government Securities to a Member of the Nonbank

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If the Fed sells government securities to a member of the nonbank public, then the resulting effect on the quantity of money is


Definitions:

Vocabulary

The set of words known and used by a person in a particular language.

Inner Speech

According to Vygotsky, the internalization of egocentric speech that occurs during early childhood and allows individuals to mentally plan activities and solve problems.

Collective Monologue

A form of speech in which children in a group talk but do not really engage or interact with each other, each one focused on their own narrative.

True Dialogue

A communication in which each person’s utterances take into account the utterances of others.

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