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All of the following are tools of monetary supply except A) selective credit controls B) moral persuasion C) liability and assets D) open market operations
All of the following are tools of monetary supply except B) moral persuasion
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Asked 5/1/2013 8:35:27 AM
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What does “lender of last resort” mean with respect to the Federal Reserve? a. It will lend money to a bank in a financial emergency. b. It makes decisions about who a bank can lend money to. c. It decides interest rates for interbank loans. d. It has the power to decide how much money a bank can lend out.
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The Fed can implement its monetary policy by buying and selling government securities. true or fasle
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