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1. The Fed's main monetary policy targets are price stability and low unemployment. TRUE () FALSE ( 2. The target for the federal funds rate

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1. The Fed's main monetary policy targets are price stability and low unemployment. TRUE () FALSE ( 2. The target for the federal funds rate (FFR) is determined in the overnight market for banks' reserves (The Federal Funds Market). TRUE( FALSE ( 3. Why the Fed uses non-conventional monetary policy tools as quantitative easing? Briefly explain

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