1.5. What procedures can the Fed use to control the fed- eral funds rate? Why does control...
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1.5. What procedures can the Fed use to control the fed- eral funds rate? Why does control of this interest rate imply that the Fed will lose control of nonborrowed reserves?
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The Economics Of Money Banking And Financial Markets
ISBN: 9780321598905
9th Edition
Authors: Frederic S. Mishkin
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