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In conducting monetary policy, the Federal Reserve since the early 1980s has targeted: a- the money supply, not the federal funds rate. b- the required

In conducting monetary policy, the Federal Reserve since the early 1980s has targeted:

a- the money supply, not the federal funds rate.

b- the required reserve ratio, not the money supply.

c- the money supply, not the required reserve ratio.

d- the federal funds rate, not the money supply.

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