The main purpose of term auction lending was to: a. Reduce the rate of inflation. b. Increase
Question:
The main purpose of term auction lending was to:
a. Reduce the rate of inflation.
b. Increase market interest rates.
c. Reduce the amount banks borrow from the Fed.
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d Increase...View the full answer
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Related Book For 
Money, Banking, Financial Markets and Institutions
ISBN: 978-0538748575
1st edition
Authors: Michael Brandl
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