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I've answered these three questions, but I want to make sure I am on the right track. So, please provide answers so that I can
I've answered these three questions, but I want to make sure I am on the right track. So, please provide answers so that I can check mine against them.
1. Distinguish among the dynamic, defensive, and accommodative responsibilities of the Fed.
2. What functions and activities do central banks usually perform?
3. Identify and briefly describe the three traditional instruments that may be used by the Fed to set monetary policy.
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