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A directive on how to buy and sell government bonds to/from banks for monetary policy is issued by _______ and carried out by ________. Group

A directive on how to buy and sell government bonds to/from banks for monetary policy is issued by _______ and carried out by ________.

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the FOMC; the Board of Governors

the New York Fed; the FOMC

the FOMC; the New York Fed

the Board of Governors; the FOMC

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