2. Go to www.federalreserve.gov/releases/h15/update/. What is the current Federal Funds Rate (define this rate as well)? What

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2. Go to www.federalreserve.gov/releases/h15/update/.

What is the current Federal Funds Rate (define this rate as well)? What is the current Federal Reserve Discount rate (define this rate as well)? Is the difference between these rates similar to what is usually observed, based on Figure 4? Have short-term rates increased or declined since the end of 2002?

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