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Macroeconomics 10th Edition by Roger Arnold
Edition 10ISBN: 978-1111823016Macroeconomics 10th Edition by Roger Arnold
Edition 10ISBN: 978-1111823016 Exercise 5
The Fed has announced a new, lower target for the federal funds rate; it wants to lower the federal funds rate from its present level. What does setting a lower target for the federal funds rate have to do with open market operations?
Explanation
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The Bank can take loan in time of need f...
Macroeconomics 10th Edition by Roger Arnold
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