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    Macroeconomics Study Set 68
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    Exam 16: Interest Rates and Monetary Policy
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    In 2008, the Fed Acquired a Fourth Tool of Monetary
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In 2008, the Fed Acquired a Fourth Tool of Monetary

Question 349

Question 349

Multiple Choice

In 2008, the Fed acquired a fourth tool of monetary policy, which is the


A) open-market operation.
B) discount rate.
C) paying of interest on excess reserves held at Fed banks.
D) reserve ratio.

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