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Evaluate the function as indicated.
-Find when .
Excess Reserves
Bank reserves that exceed the minimum reserve requirements set by central banking authorities.
Open Market
A scenario where economic transactions are conducted in a free manner without restrictions, allowing for the buying and selling of goods and services.
Government Bonds
Debt securities issued by a government to finance its expenditures, considered low-risk investments.
Interest Rates
The cost of borrowing money or the return on invested funds, typically expressed as a percentage of the principal.
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