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If the Open-Market Desk at the Fed buys securities when the federal funds rate is below the primary credit discount rate, the most likely effect is that the
Administrative Costs
Overhead expenses associated with the day-to-day running of a business, involving clerical activities, and support services not linked directly to production.
Service Department Expenses
Costs incurred by the departments that support the primary activities of a business but do not directly engage in production.
Operating Departments
Operating departments refer to the divisions within a company directly involved in its core business activities and operations.
Maintenance Expenses
Costs incurred to keep property, equipment, or assets in efficient operating condition, not improving but merely maintaining them.
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