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Chapter 16 HW - The Monetary System 1)What are demand deposits and why should they be included in the stock of money? 2) Who is

Chapter 16 HW - The Monetary System

1)What are demand deposits and why should they be included in the stock of money?

2) Who is responsible for setting monetary policy in the United States?How is this group chosen?

3) What are reserve requirements? What happens to the money supply when the Fed raises reserve requirements?

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