In what sense is currency a liability of the Federal Reserve System?

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Economics Today

ISBN: 978-0132554619

16th edition

Authors: Roger LeRoy Miller

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Question Posted: Aug 01, 2016 12:43 PM

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In what sense is currency a liability of the Federal Reserve System?

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Here as we know that the Fed is the Federal Reserve System which serves as the nations centra...View the full answer

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