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1. The Monetary policy is... 2. The main duties of the Federal Reserve are to... 3. How does the Federal Reserve set interest rates for

1. The Monetary policy is...

2. The main duties of the Federal Reserve are to...

3. How does the Federal Reserve "set interest rates" for the whole economy?

4. When the Federal Reserve buys bonds, money goes (in/out) the economy. When the Federal Reserve sells bonds, money goes (in/out) the economy.

5. Why are members of the Federal Reserve NOT elected officials?

6. Fiscal policy is...

7. Over the last 30 years, how has supply side economics affected tax rates in America?

8. Why will Medicare and Social Security costs stay constant or rise?

9. The difference between Mandatory and Discretionary spending is....?

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