Question
4. What are the Federal Reserve's a) functions, and b) tools for carrying out policy? 5. Explain the difference between an expansionary and contractionary monetary
4. What are the Federal Reserve's
a) functions, and b) tools for carrying out policy? 5. Explain the difference between an expansionary and contractionary monetary policy. What actions could the Fed take to pursue a) an expansionary policy, and b) a contractionary policy? The discount rate:
6. Distinguish between the discount rate, the federal funds rate, and the prime rate.
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Introduction to Behavioral Economics
Authors: David R. Just
1st edition
0470596228, 978-0470596227
