8 The Federal Reserve and the U.S. Treasury are two distinct, different agencies. The Fed is concerned
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8 The Federal Reserve and the U.S. Treasury are two distinct, different agencies.
The Fed is concerned primarily with the money supply and the establishment of a stable monetary climate. The Treasury focuses on budgetary matters-tax revenues, government expenditures, and the financing of government debt.
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Related Book For
Essentials Of Economics
ISBN: 396414
2nd Edition
Authors: James D Gwartney; Richard Stroup; J R Clark
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