Radio Receivers
The typical squelch circuit cuts off

an audio amplifier when the carrier is absent
RF interference when the signal is weak
An IF amplifier when the AGC is maximum
An IF amplifier when the AGC is minimum

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Radio Receivers
If a FET is used as the first AF amplifier in a transistor receiver, this will have the effect of

Reducing the effect of negative-peak clipping
Reducing the effect of noise at low modulation depths
Improving the selectivity of the receiver
Improving the effectiveness of the AGC

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