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definition Econ 302, Smith The Federal Reserve Bank the structure of the Federal Reserve central bank The Fed Chair responsibilities of The Fed bank runs

definition Econ 302, Smith

The Federal Reserve Bank

the structure of the Federal Reserve

central bank

The Fed Chair

responsibilities of The Fed

bank runs

deposit insurance

lender of last resort

open market operations

Federal Open Market Committee (FOMC)

reserve requirements

discount rate

monetary policy

expansionary monetary policy

contractionary monetary policy

tight monetary policy

loose monetary policy

quantitative easing

excess reserves

velocity of money

basic quantity equation of money

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