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Assume that the Treasury experiences a large decrease in the budget deficit and purchases a large number of short-term Treasury securities (Treasury bills or T-bills) . This action will ____ the supply of T-bills in the market and place ____ pressure on the yield of T-bills.
ISO Certification
A seal of approval from the International Standards Organization that a company's management system, manufacturing process, service, or documentation procedure has met all the requirements for standardization and quality assurance.
Specialization
The process of focusing on a narrow area of expertise or production to increase efficiency and quality.
Flexible Production
A manufacturing approach that enables a quick and efficient response to market demands and product customization.
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