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    Exam 13: Central Banking and Monetary Policy: Exploring Tools and Strategies
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    Because of the Possibility of Negative Psychological Effects, the Discount
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Because of the Possibility of Negative Psychological Effects, the Discount

Question 49

Question 49

True/False

Because of the possibility of negative psychological effects, the discount rate is changed infrequently and often lags behind interest rates in the open market.

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