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Describe the T-bill auction process What is the difference between a competitive bid and a noncompetitive bid in a T-bill auction What are federal funds

1. Describe the T-bill auction process. (LG 5-3)

2. What is the difference between a competitive bid and a noncompetitive bid in a T-bill auction? (LG 5-3)

3. What are federal funds? How are they recorded on the balance sheets of commercial banks? (LG 5-2)

4. Describe the two types of fed funds transactions. (LG 5-2)

May 18 2020 View more View Less

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