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3.What exactly is the Fed Funds Rate, and why isn't it considered a tool of monetary policy? 4.Using loanable funds theory, discuss how changes in

3.What exactly is the Fed Funds Rate, and why isn't it considered a tool of monetary policy?

4.Using loanable funds theory, discuss how changes in consumer savings, inbusiness investment, and in the money supply by the Federal Reserve System can influence the level of interest rates.

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