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    Financial Markets and Institutions Study Set 5
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    Exam 4: The Federal Reserve System, monetary Policy, and Interest Rates
  5. Question
    The ________ Is a Network Linking Over 9,000 Banks with the Federal
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The ________ Is a Network Linking Over 9,000 Banks with the Federal

Question 55

Question 55

Multiple Choice

The ________ is a network linking over 9,000 banks with the Federal Reserve that is used to transfer deposits and make loan payments between participants.


A) Fedwire
B) ACH
C) CHIPS
D) NASDAQ
E) SWIFT

Correct Answer:

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