7. The Federal Reserve and the U .S. Treasury arc two different, distinctive agencies. The Fed is...

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7. The Federal Reserve and the U .S. Treasury arc two different, distinctive 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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Economics Private And Public Choice

ISBN: 9780123110404

2nd Edition

Authors: James D Gwartney; Richard Stroup; A H Studenmund

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