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    Money Banking and Financial Markets
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    Exam 15: Tools of Monetary Policy
  5. Question
    The European System of Central Banks Signals the Stance of Its
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The European System of Central Banks Signals the Stance of Its

Question 28

Question 28

Multiple Choice

The European System of Central Banks signals the stance of its monetary policy by setting a target for the


A) federal funds rate.
B) overnight cash rate.
C) lombard rate.
D) reserve rate.

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