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9. The primary credit rate (discounted rate) also serves as a lower bound for the prevailing market rate on federal funds. A question requiring a
9. The primary credit rate (discounted rate) also serves as a lower bound for the prevailing market rate on federal funds. A question requiring a 'True/False' answer.(Required) True False 10. Fed adjusts target rate incrementally. A question requiring a 'True/False' answer.(Required) True False 11.Fed's activities may differentially impact long-term and short-term interest rates. A question requiring a 'True/False' answer.(Required) True False 12.Full employment means zero unemployment rate. A question requiring a 'True/False' answer.(Required) True False
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