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You read an article in the paper that stated the Federal Reserve Bank sold $500 million of government securities on Tuesday of last week. When the Fed did this they were controlling the money supply by using which of the following tools?
Working Prototype
An operational version of a product developed to test its functionality and design prior to mass production.
Product Technology
The incorporation of technological advancements into the development and improvement of a product.
Innovation Process
A systematic approach to creating new ideas, products, or methods, typically involving stages such as ideation, development, and implementation.
Service Economy
An economy or sector characterized by the dominance of services over goods, including industries such as retail, healthcare, and information technology.
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