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The U.S.firm Intel,a maker of semiconductor chips,built twelve worldwide manufacturing facilities in several different countries,but its research and development (R&D) and marketing are centralized in the United States.Based on this information,which strategy is Intel pursuing?
Excess Reserves
The difference between actual reserves and required reserves.
Commercial Banks
Financial institutions that accept deposits, offer checking account services, and make various loans to businesses and individuals.
Open Market Operations
Central bank activities that buy and sell government securities in the open market to influence liquidity and interest rates.
Federal Reserve
The central banking system of the United States, responsible for monetary policy, regulating banks, maintaining the stability of the financial system, and providing financial services.
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