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2) 6 Points. Name the 3 main conventional tools of monetary policy. Which tool does the Fed normally use the most? Which tool has the

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2) 6 Points. Name the 3 main conventional tools of monetary policy. Which tool does the Fed normally use the most? Which tool has the Feel avoided using the most in recent decades? Which general tool did the Fed use a great deal during the nancial crisis of 2007-09 which it had not used anywhere as much in prior post-WWII recessions

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