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![SOLVED:If a switch occurs from deposits into currency, what happens to the federal funds rate? Use the supply and demand analysis of the market for reserves to explain your answer. SOLVED:If a switch occurs from deposits into currency, what happens to the federal funds rate? Use the supply and demand analysis of the market for reserves to explain your answer.](https://cdn.numerade.com/previews/6471b74f-a18f-4988-bdcb-ebce954b4609_large.jpg)
SOLVED:If a switch occurs from deposits into currency, what happens to the federal funds rate? Use the supply and demand analysis of the market for reserves to explain your answer.
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