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  3. Study Set
    Economics Theory and Practice
  4. Exam
    Exam 8: Money Creation, Monetary Theory, and Monetary Policy
  5. Question
    The Federal Funds Rate Is the Interest Rate Banks Charge
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The Federal Funds Rate Is the Interest Rate Banks Charge

Question 231

Question 231

True/False

The federal funds rate is the interest rate banks charge to lend reserves to other banks, which can be lowered by the fed buying U.S. government securities.

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