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    Macroeconomics Study Set 12
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    Exam 14: The Goals, tools, and Rules of Monetary Policy
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    What Is the Only Policy Instrument the Fed Really Can
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What Is the Only Policy Instrument the Fed Really Can

Question 101

Question 101

Multiple Choice

What is the only policy instrument the Fed really can control directly and precisely?


A) short-term interest rates
B) the money supply
C) high-powered money
D) corporate tax rates

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