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When the Fed conducts open market operations, it buys and sells:
Psychological Knowledge
Information and insights related to human behavior, thought processes, and mental health.
Traditional Roles
Societal norms dictating the expected behaviors, responsibilities, and activities appropriate for individuals based on their gender, age, or social position.
Biology
The scientific study of life and living organisms, including their structure, function, growth, origin, evolution, and distribution.
Religion
A structured collection of beliefs, cultural systems, and world views that relate humanity to spirituality and, sometimes, to moral values.
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Q156: Keynes called the money people hold in